BAKER HUGHES INCORPORATED has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BAKER HUGHES INCORPORATED THRIFT PLAN
Measure | Date | Value |
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2012 : BAKER HUGHES INCORPORATED THRIFT PLAN 2012 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total transfer of assets to this plan | 2012-12-31 | $365,450,421 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $305,045 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $190,023 |
Total income from all sources (including contributions) | 2012-12-31 | $559,134,194 |
Total loss/gain on sale of assets | 2012-12-31 | $17,449 |
Total of all expenses incurred | 2012-12-31 | $181,947,971 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $178,700,629 |
Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $117,321 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $343,798,940 |
Value of total assets at end of year | 2012-12-31 | $2,972,610,741 |
Value of total assets at beginning of year | 2012-12-31 | $2,229,859,075 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $3,130,021 |
Total interest from all sources | 2012-12-31 | $2,514,486 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Administrative expenses professional fees incurred | 2012-12-31 | $551,842 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $159,231,801 |
Participant contributions at end of year | 2012-12-31 | $75,898,224 |
Participant contributions at beginning of year | 2012-12-31 | $56,453,456 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $11,299,752 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $195 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $15 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $305,045 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $190,023 |
Administrative expenses (other) incurred | 2012-12-31 | $49,396 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $377,186,223 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $2,972,305,696 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $2,229,669,052 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | Yes |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Investment advisory and management fees | 2012-12-31 | $409,187 |
Interest on participant loans | 2012-12-31 | $2,514,486 |
Value of interest in master investment trust accounts at end of year | 2012-12-31 | $2,892,938,461 |
Value of interest in master investment trust accounts at beginning of year | 2012-12-31 | $2,171,225,752 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $3,773,861 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $2,179,852 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $4,394 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $173,267,387 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $178,700,629 |
Contract administrator fees | 2012-12-31 | $2,119,596 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Aggregate proceeds on sale of assets | 2012-12-31 | $32,769,726 |
Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $32,752,277 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2012-12-31 | 133891517 |
2011 : BAKER HUGHES INCORPORATED THRIFT PLAN 2011 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total transfer of assets to this plan | 2011-12-31 | $1,522,831 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $190,023 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $186,256 |
Total income from all sources (including contributions) | 2011-12-31 | $208,381,739 |
Total loss/gain on sale of assets | 2011-12-31 | $17,532 |
Total of all expenses incurred | 2011-12-31 | $161,557,768 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $159,176,572 |
Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $364,017 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $227,476,336 |
Value of total assets at end of year | 2011-12-31 | $2,229,859,075 |
Value of total assets at beginning of year | 2011-12-31 | $2,181,508,506 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $2,017,179 |
Total interest from all sources | 2011-12-31 | $2,450,368 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Administrative expenses professional fees incurred | 2011-12-31 | $232,891 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $109,145,294 |
Participant contributions at end of year | 2011-12-31 | $56,453,456 |
Participant contributions at beginning of year | 2011-12-31 | $53,088,083 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $6,089,432 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $15 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $397 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $190,023 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $186,256 |
Administrative expenses (other) incurred | 2011-12-31 | $1,784,288 |
Total non interest bearing cash at end of year | 2011-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $725 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $46,823,971 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $2,229,669,052 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $2,181,322,250 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Interest on participant loans | 2011-12-31 | $2,450,368 |
Value of interest in master investment trust accounts at end of year | 2011-12-31 | $2,171,225,752 |
Value of interest in master investment trust accounts at beginning of year | 2011-12-31 | $2,125,337,528 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $2,179,852 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $3,081,773 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $5,946 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $112,241,610 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $159,176,572 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Aggregate proceeds on sale of assets | 2011-12-31 | $30,451,449 |
Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $30,433,917 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2011-12-31 | 133891517 |
2010 : BAKER HUGHES INCORPORATED THRIFT PLAN 2010 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $186,256 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $184,300 |
Total income from all sources (including contributions) | 2010-12-31 | $407,106,351 |
Total loss/gain on sale of assets | 2010-12-31 | $5,385 |
Total of all expenses incurred | 2010-12-31 | $143,832,325 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $141,651,143 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $202,053,977 |
Value of total assets at end of year | 2010-12-31 | $2,181,508,506 |
Value of total assets at beginning of year | 2010-12-31 | $1,918,232,524 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $2,181,182 |
Total interest from all sources | 2010-12-31 | $2,733,746 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Administrative expenses professional fees incurred | 2010-12-31 | $129,834 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $96,564,510 |
Participant contributions at end of year | 2010-12-31 | $53,088,083 |
Participant contributions at beginning of year | 2010-12-31 | $50,987,952 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $5,903,093 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $397 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $299 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $186,256 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $184,300 |
Administrative expenses (other) incurred | 2010-12-31 | $2,051,348 |
Total non interest bearing cash at end of year | 2010-12-31 | $725 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $263,274,026 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $2,181,322,250 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,918,048,224 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Interest on participant loans | 2010-12-31 | $2,733,701 |
Value of interest in master investment trust accounts at end of year | 2010-12-31 | $2,125,337,528 |
Value of interest in master investment trust accounts at beginning of year | 2010-12-31 | $1,865,572,363 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $3,081,773 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $1,671,910 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $45 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $3,248 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $99,586,374 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $141,651,143 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Aggregate proceeds on sale of assets | 2010-12-31 | $28,765,759 |
Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $28,760,374 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | DELOITTE & TOUCHE |
Accountancy firm EIN | 2010-12-31 | 133891517 |
2009 : BAKER HUGHES INCORPORATED THRIFT PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |