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THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 401k Plan overview

Plan NameTHRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC.
Plan identification number 004

THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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.

401k Sponsoring company profile

LUFKIN INDUSTRIES, LLC. has sponsored the creation of one or more 401k plans.

Company Name:LUFKIN INDUSTRIES, LLC.
Employer identification number (EIN):750404410
NAIC Classification:333200

Additional information about LUFKIN INDUSTRIES, LLC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 2009-02-27
Company Identification Number: F178252
Legal Registered Office Address: 4701 COX ROAD, SUITE 285

GLEN ALLEN
United States of America (USA)
23060

More information about LUFKIN INDUSTRIES, LLC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042020-01-01
0042019-01-01
0042018-01-01
0042017-01-01WADE EVANS BERNARD (CASEY) MAKEL2018-10-09
0042016-01-01MELODY HAYES
0042015-01-01MELODY HAYES
0042014-01-01MELODY HAYES
0042013-01-01MARIA KHOURY
0042012-01-01MARIA KHOURY
0042011-01-01CHRIS BOONE
0042009-01-01CHRIS BOONE

Plan Statistics for THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC.

401k plan membership statisitcs for THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC.

Measure Date Value
2020: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2020 401k membership
Total participants, beginning-of-year2020-01-01291
Total number of active participants reported on line 7a of the Form 55002020-01-010
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-010
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2019 401k membership
Total participants, beginning-of-year2019-01-01318
Total number of active participants reported on line 7a of the Form 55002019-01-01178
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01103
Total of all active and inactive participants2019-01-01281
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-0110
Total participants2019-01-01291
Number of participants with account balances2019-01-01206
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2018 401k membership
Total participants, beginning-of-year2018-01-01362
Total number of active participants reported on line 7a of the Form 55002018-01-01185
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01122
Total of all active and inactive participants2018-01-01307
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-0111
Total participants2018-01-01318
Number of participants with account balances2018-01-01226
2017: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2017 401k membership
Total participants, beginning-of-year2017-01-01308
Total number of active participants reported on line 7a of the Form 55002017-01-01214
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01135
Total of all active and inactive participants2017-01-01349
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-0113
Total participants2017-01-01362
Number of participants with account balances2017-01-01268
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2016 401k membership
Total participants, beginning-of-year2016-01-01900
Total number of active participants reported on line 7a of the Form 55002016-01-01137
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01156
Total of all active and inactive participants2016-01-01293
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-0115
Total participants2016-01-01308
Number of participants with account balances2016-01-01295
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0125
2015: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2015 401k membership
Total participants, beginning-of-year2015-01-011,236
Total number of active participants reported on line 7a of the Form 55002015-01-01403
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01483
Total of all active and inactive participants2015-01-01886
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-0114
Total participants2015-01-01900
Number of participants with account balances2015-01-01869
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-01275
2014: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2014 401k membership
Total participants, beginning-of-year2014-01-011,360
Total number of active participants reported on line 7a of the Form 55002014-01-011,166
Number of other retired or separated participants entitled to future benefits2014-01-0161
Total of all active and inactive participants2014-01-011,227
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-019
Total participants2014-01-011,236
Number of participants with account balances2014-01-011,082
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0156
2013: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2013 401k membership
Total participants, beginning-of-year2013-01-011,702
Total number of active participants reported on line 7a of the Form 55002013-01-011,296
Number of other retired or separated participants entitled to future benefits2013-01-0157
Total of all active and inactive participants2013-01-011,353
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-017
Total participants2013-01-011,360
Number of participants with account balances2013-01-011,097
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0178
2012: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2012 401k membership
Total participants, beginning-of-year2012-01-011,392
Total number of active participants reported on line 7a of the Form 55002012-01-011,576
Number of other retired or separated participants entitled to future benefits2012-01-01121
Total of all active and inactive participants2012-01-011,697
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-015
Total participants2012-01-011,702
Number of participants with account balances2012-01-011,298
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0180
2011: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2011 401k membership
Total participants, beginning-of-year2011-01-01939
Total number of active participants reported on line 7a of the Form 55002011-01-011,270
Number of other retired or separated participants entitled to future benefits2011-01-01120
Total of all active and inactive participants2011-01-011,390
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-012
Total participants2011-01-011,392
Number of participants with account balances2011-01-011,392
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0111
2009: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2009 401k membership
Total participants, beginning-of-year2009-01-011,303
Total number of active participants reported on line 7a of the Form 55002009-01-01890
Number of other retired or separated participants entitled to future benefits2009-01-01111
Total of all active and inactive participants2009-01-011,001
Total participants2009-01-011,001
Number of participants with account balances2009-01-01795
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-01134

Financial Data on THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC.

Measure Date Value
2020 : THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets from this plan2020-12-31$10,703,142
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$462,805
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$2,680,026
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$2,668,167
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$7,535
Value of total assets at end of year2020-12-31$0
Value of total assets at beginning of year2020-12-31$12,920,363
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$11,859
Total interest from all sources2020-12-31$20,497
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$22,679
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2020-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$22,679
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$10,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$7,535
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$393,734
Administrative expenses (other) incurred2020-12-31$11,859
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-2,217,221
Value of net assets at end of year (total assets less liabilities)2020-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$12,920,363
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$2,633,763
Interest on participant loans2020-12-31$20,497
Value of interest in common/collective trusts at end of year2020-12-31$0
Value of interest in common/collective trusts at beginning of year2020-12-31$9,758,105
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$103,838
Net investment gain or loss from common/collective trusts2020-12-31$308,256
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$134,761
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$2,668,167
Did the plan have assets held for investment2020-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31Yes
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31WEAVER AND TIDWELL, LLP
Accountancy firm EIN2020-12-31750786316
2019 : THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$2,141,690
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$2,535,229
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$2,504,721
Expenses. Certain deemed distributions of participant loans2019-12-31$21,096
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$804,149
Value of total assets at end of year2019-12-31$12,920,363
Value of total assets at beginning of year2019-12-31$13,313,902
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$9,412
Total interest from all sources2019-12-31$29,761
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$150,449
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$150,449
Administrative expenses professional fees incurred2019-12-31$1,150
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$10,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$426,259
Participant contributions at end of year2019-12-31$393,734
Participant contributions at beginning of year2019-12-31$544,803
Administrative expenses (other) incurred2019-12-31$8,262
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$-393,539
Value of net assets at end of year (total assets less liabilities)2019-12-31$12,920,363
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$13,313,902
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,633,763
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$2,518,897
Interest on participant loans2019-12-31$29,761
Value of interest in common/collective trusts at end of year2019-12-31$9,758,105
Value of interest in common/collective trusts at beginning of year2019-12-31$10,112,791
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$452,767
Net investment gain or loss from common/collective trusts2019-12-31$704,564
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$377,890
Employer contributions (assets) at end of year2019-12-31$134,761
Employer contributions (assets) at beginning of year2019-12-31$137,411
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$2,504,721
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31WEAVER AND TIDWELL, LLP
Accountancy firm EIN2019-12-31750786316
2018 : THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$645,307
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$3,258,727
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$3,248,084
Value of total corrective distributions2018-12-31$24
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$845,237
Value of total assets at end of year2018-12-31$13,313,902
Value of total assets at beginning of year2018-12-31$15,927,322
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$10,619
Total interest from all sources2018-12-31$34,715
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$149,907
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$149,907
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$10,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$449,237
Participant contributions at end of year2018-12-31$544,803
Participant contributions at beginning of year2018-12-31$636,018
Administrative expenses (other) incurred2018-12-31$10,619
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-2,613,420
Value of net assets at end of year (total assets less liabilities)2018-12-31$13,313,902
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$15,927,322
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$2,518,897
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$3,939,682
Interest on participant loans2018-12-31$34,715
Value of interest in common/collective trusts at end of year2018-12-31$10,112,791
Value of interest in common/collective trusts at beginning of year2018-12-31$11,189,286
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-342,038
Net investment gain or loss from common/collective trusts2018-12-31$-42,514
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$396,000
Employer contributions (assets) at end of year2018-12-31$137,411
Employer contributions (assets) at beginning of year2018-12-31$162,336
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$3,248,084
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31WEAVER AND TIDWELL, LLP
Accountancy firm EIN2018-12-31750786316
2017 : THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$2,021,061
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$2,473,590
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$2,462,295
Value of total corrective distributions2017-12-31$153
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$837,609
Value of total assets at end of year2017-12-31$15,927,322
Value of total assets at beginning of year2017-12-31$16,379,851
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$11,142
Total interest from all sources2017-12-31$37,074
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$192,941
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$192,941
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$90,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$419,292
Participant contributions at end of year2017-12-31$636,018
Participant contributions at beginning of year2017-12-31$838,535
Administrative expenses (other) incurred2017-12-31$11,142
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$-452,529
Value of net assets at end of year (total assets less liabilities)2017-12-31$15,927,322
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$16,379,851
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$3,939,682
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$3,252,283
Interest on participant loans2017-12-31$37,074
Value of interest in common/collective trusts at end of year2017-12-31$11,189,286
Value of interest in common/collective trusts at beginning of year2017-12-31$11,934,842
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$413,944
Net investment gain or loss from common/collective trusts2017-12-31$539,493
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$418,317
Employer contributions (assets) at end of year2017-12-31$162,336
Employer contributions (assets) at beginning of year2017-12-31$354,191
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$2,462,295
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31KPMG
Accountancy firm EIN2017-12-31135565207
2016 : THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$2,024,758
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$17,816,506
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$17,760,372
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,211,274
Value of total assets at end of year2016-12-31$16,379,851
Value of total assets at beginning of year2016-12-31$32,171,599
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$56,134
Total interest from all sources2016-12-31$59,020
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$145,286
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$145,286
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$10,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$701,832
Participant contributions at end of year2016-12-31$838,535
Participant contributions at beginning of year2016-12-31$1,925,971
Administrative expenses (other) incurred2016-12-31$38,009
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-15,791,748
Value of net assets at end of year (total assets less liabilities)2016-12-31$16,379,851
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$32,171,599
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$18,125
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$3,252,283
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$6,760,445
Interest on participant loans2016-12-31$59,020
Value of interest in common/collective trusts at end of year2016-12-31$11,934,842
Value of interest in common/collective trusts at beginning of year2016-12-31$22,666,064
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$212,138
Net investment gain or loss from common/collective trusts2016-12-31$397,040
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$509,442
Employer contributions (assets) at end of year2016-12-31$354,191
Employer contributions (assets) at beginning of year2016-12-31$819,119
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$17,760,372
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31KPMG
Accountancy firm EIN2016-12-31135565207
2015 : THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$4,370,642
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$17,183,235
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$17,108,833
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$3,943,406
Value of total assets at end of year2015-12-31$32,171,599
Value of total assets at beginning of year2015-12-31$44,984,192
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$74,402
Total interest from all sources2015-12-31$119,107
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$413,522
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$413,522
Administrative expenses professional fees incurred2015-12-31$17,000
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$10,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$1,816,586
Participant contributions at end of year2015-12-31$1,925,971
Participant contributions at beginning of year2015-12-31$3,259,528
Administrative expenses (other) incurred2015-12-31$57,402
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-12,812,593
Value of net assets at end of year (total assets less liabilities)2015-12-31$32,171,599
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$44,984,192
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$6,760,445
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$9,581,562
Interest on participant loans2015-12-31$119,107
Value of interest in common/collective trusts at end of year2015-12-31$22,666,064
Value of interest in common/collective trusts at beginning of year2015-12-31$32,143,102
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-425,557
Net investment gain or loss from common/collective trusts2015-12-31$320,164
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$2,126,820
Employer contributions (assets) at end of year2015-12-31$819,119
Employer contributions (assets) at beginning of year2015-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$17,108,833
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31KPMG
Accountancy firm EIN2015-12-31135565207
2014 : THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2014 401k financial data
Total transfer of assets from this plan2014-12-31$233,586
Total income from all sources (including contributions)2014-12-31$7,646,705
Total of all expenses incurred2014-12-31$5,118,002
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$5,062,358
Expenses. Certain deemed distributions of participant loans2014-12-31$7,114
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$6,211,989
Value of total assets at end of year2014-12-31$44,984,192
Value of total assets at beginning of year2014-12-31$42,689,075
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$48,530
Total interest from all sources2014-12-31$184,313
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$400,891
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$400,891
Administrative expenses professional fees incurred2014-12-31$1,339
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$10,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$3,422,235
Participant contributions at end of year2014-12-31$3,259,528
Participant contributions at beginning of year2014-12-31$2,719,962
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$6,182
Administrative expenses (other) incurred2014-12-31$47,191
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$2,528,703
Value of net assets at end of year (total assets less liabilities)2014-12-31$44,984,192
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$42,689,075
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$9,581,562
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$9,157,251
Interest on participant loans2014-12-31$128,871
Interest earned on other investments2014-12-31$55,442
Value of interest in common/collective trusts at end of year2014-12-31$32,143,102
Value of interest in common/collective trusts at beginning of year2014-12-31$30,805,680
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$147,746
Net investment gain or loss from common/collective trusts2014-12-31$701,766
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$2,789,754
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$5,062,358
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31AXLEY & RODE, LLP
Accountancy firm EIN2014-12-31750767305
2013 : THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2013 401k financial data
Total transfer of assets to this plan2013-12-31$61,480
Total transfer of assets from this plan2013-12-31$1,213,248
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$447,337
Total income from all sources (including contributions)2013-12-31$9,499,870
Total of all expenses incurred2013-12-31$5,170,837
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$5,107,811
Value of total corrective distributions2013-12-31$11,686
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$6,404,419
Value of total assets at end of year2013-12-31$42,689,075
Value of total assets at beginning of year2013-12-31$39,959,147
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$51,340
Total interest from all sources2013-12-31$111,598
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$278,807
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$10,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$3,262,397
Participant contributions at end of year2013-12-31$2,719,962
Participant contributions at beginning of year2013-12-31$2,440,820
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$471,576
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$6,182
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$16,336
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$447,337
Administrative expenses (other) incurred2013-12-31$51,340
Total non interest bearing cash at beginning of year2013-12-31$2,579
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$4,329,033
Value of net assets at end of year (total assets less liabilities)2013-12-31$42,689,075
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$39,511,810
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$9,157,251
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$8,222,464
Interest on participant loans2013-12-31$111,598
Value of interest in common/collective trusts at end of year2013-12-31$30,805,680
Value of interest in common/collective trusts at beginning of year2013-12-31$29,276,948
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,289,690
Net investment gain or loss from common/collective trusts2013-12-31$1,415,356
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$2,670,446
Income. Dividends from common stock2013-12-31$278,807
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$5,107,811
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31AXLEY & RODE, LLP
Accountancy firm EIN2013-12-31750767305
2012 : THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2012 401k financial data
Total transfer of assets to this plan2012-12-31$16,088
Total transfer of assets from this plan2012-12-31$442,665
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$447,337
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$155,575
Total income from all sources (including contributions)2012-12-31$8,677,410
Total of all expenses incurred2012-12-31$3,262,527
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$3,208,651
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$6,731,401
Value of total assets at end of year2012-12-31$39,959,147
Value of total assets at beginning of year2012-12-31$34,679,079
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$53,876
Total interest from all sources2012-12-31$115,253
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$257,144
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Administrative expenses professional fees incurred2012-12-31$15,400
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$3,718,864
Participant contributions at end of year2012-12-31$2,440,820
Participant contributions at beginning of year2012-12-31$2,312,142
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$24,076
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$16,336
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$18,475
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$447,337
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$155,575
Administrative expenses (other) incurred2012-12-31$38,476
Total non interest bearing cash at end of year2012-12-31$2,579
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$5,414,883
Value of net assets at end of year (total assets less liabilities)2012-12-31$39,511,810
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$34,523,504
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$8,222,464
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$6,747,366
Interest on participant loans2012-12-31$115,253
Value of interest in common/collective trusts at end of year2012-12-31$29,276,948
Value of interest in common/collective trusts at beginning of year2012-12-31$25,601,096
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$740,103
Net investment gain or loss from common/collective trusts2012-12-31$833,509
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$2,988,461
Income. Dividends from common stock2012-12-31$257,144
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$3,208,651
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 name2012-12-31AXLEY & RODE, LLP
Accountancy firm EIN2012-12-31750767305
2011 : THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2011 401k financial data
Total transfer of assets to this plan2011-12-31$177,517
Total transfer of assets from this plan2011-12-31$635,843
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$155,575
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$531,333
Total income from all sources (including contributions)2011-12-31$5,730,196
Total of all expenses incurred2011-12-31$2,367,963
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$2,337,553
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$4,814,021
Value of total assets at end of year2011-12-31$34,679,079
Value of total assets at beginning of year2011-12-31$32,150,930
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$30,410
Total interest from all sources2011-12-31$113,198
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$137,269
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$10,000,000
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$3,105,562
Participant contributions at end of year2011-12-31$2,312,142
Participant contributions at beginning of year2011-12-31$2,115,478
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$62,579
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$18,475
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$21,114
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$155,575
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$531,333
Administrative expenses (other) incurred2011-12-31$30,410
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$3,362,233
Value of net assets at end of year (total assets less liabilities)2011-12-31$34,523,504
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$31,619,597
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$6,747,366
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$6,666,323
Interest on participant loans2011-12-31$113,198
Value of interest in common/collective trusts at end of year2011-12-31$25,601,096
Value of interest in common/collective trusts at beginning of year2011-12-31$23,348,015
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-131,512
Net investment gain or loss from common/collective trusts2011-12-31$797,220
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$1,645,880
Income. Dividends from common stock2011-12-31$137,269
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$2,337,553
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 name2011-12-31AXLEY & RODE, LLP
Accountancy firm EIN2011-12-31750767305
2010 : THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2010 401k financial data
Total transfer of assets from this plan2010-12-31$284,054
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$531,333
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$145,531
Total income from all sources (including contributions)2010-12-31$5,175,242
Total of all expenses incurred2010-12-31$3,377,811
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$3,338,416
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$3,374,772
Value of total assets at end of year2010-12-31$32,150,930
Value of total assets at beginning of year2010-12-31$30,251,751
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$39,395
Total interest from all sources2010-12-31$141,317
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$136,153
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$136,153
Administrative expenses professional fees incurred2010-12-31$14,700
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$10,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$2,192,030
Participant contributions at end of year2010-12-31$2,115,478
Participant contributions at beginning of year2010-12-31$2,133,062
Participant contributions at beginning of year2010-12-31$25,610
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$59,569
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$21,114
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$531,333
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$145,531
Administrative expenses (other) incurred2010-12-31$24,695
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$1,797,431
Value of net assets at end of year (total assets less liabilities)2010-12-31$31,619,597
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$30,106,220
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$6,666,323
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$5,330,365
Interest on participant loans2010-12-31$141,317
Value of interest in common/collective trusts at end of year2010-12-31$23,348,015
Value of interest in common/collective trusts at beginning of year2010-12-31$22,746,455
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$778,845
Net investment gain or loss from common/collective trusts2010-12-31$744,155
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$1,123,173
Employer contributions (assets) at beginning of year2010-12-31$16,259
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$3,338,416
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31AXLEY & RODE, LLP
Accountancy firm EIN2010-12-31750767305

Form 5500 Responses for THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC.

2020: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingYes
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: THRIFT PLAN FOR HOURLY EMPLOYEES OF LUFKIN INDUSTRIES, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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