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PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 401k Plan overview

Plan NamePENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES
Plan identification number 001

PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FLUOR MARINE PROPULSION, LLC has sponsored the creation of one or more 401k plans.

Company Name:FLUOR MARINE PROPULSION, LLC
Employer identification number (EIN):824281125
NAIC Classification:541700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01

Plan Statistics for PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES

401k plan membership statisitcs for PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES

Measure Date Value
2023: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2023 401k membership
Total participants, beginning-of-year2023-01-014,344
Total number of active participants reported on line 7a of the Form 55002023-01-011,418
Number of retired or separated participants receiving benefits2023-01-012,067
Number of other retired or separated participants entitled to future benefits2023-01-01489
Total of all active and inactive participants2023-01-013,974
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-01321
Total participants2023-01-014,295
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2022 401k membership
Market value of plan assets2022-12-311,445,874,839
Acturial value of plan assets2022-12-311,372,106,945
Funding target for retired participants and beneficiaries receiving payment2022-12-31705,690,350
Number of terminated vested participants2022-12-31476
Fundng target for terminated vested participants2022-12-3139,217,020
Active participant vested funding target2022-12-31418,370,926
Number of active participants2022-12-311,695
Total funding liabilities for active participants2022-12-31429,903,290
Total participant count2022-12-314,375
Total funding target for all participants2022-12-311,174,810,660
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-3173,487,047
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-3115,192,375
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-3158,294,672
Present value of excess contributions2022-12-3123,641,554
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3124,972,573
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-3124,972,573
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-3189,032,588
Total employer contributions2022-12-3123,100,000
Total employee contributions2022-12-311,190,430
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-3121,383,918
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-3126,035,382
Net shortfall amortization installment of oustanding balance2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-3121,383,918
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-014,375
Total number of active participants reported on line 7a of the Form 55002022-01-011,522
Number of retired or separated participants receiving benefits2022-01-012,012
Number of other retired or separated participants entitled to future benefits2022-01-01488
Total of all active and inactive participants2022-01-014,022
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01320
Total participants2022-01-014,342
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2021 401k membership
Market value of plan assets2021-12-311,355,167,233
Acturial value of plan assets2021-12-311,223,218,832
Funding target for retired participants and beneficiaries receiving payment2021-12-31651,170,537
Number of terminated vested participants2021-12-31470
Fundng target for terminated vested participants2021-12-3134,483,328
Active participant vested funding target2021-12-31423,134,485
Number of active participants2021-12-311,842
Total funding liabilities for active participants2021-12-31436,001,173
Total participant count2021-12-314,413
Total funding target for all participants2021-12-311,121,655,038
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3149,307,023
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-3111,689,046
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-3137,617,977
Present value of excess contributions2021-12-3142,974,139
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3146,740,711
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-3146,740,711
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-3117,183,938
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-3173,487,047
Total employer contributions2021-12-3125,900,000
Total employee contributions2021-12-313,242,594
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-3123,641,554
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-3126,085,184
Net shortfall amortization installment of oustanding balance2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-3115,192,375
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-3123,641,554
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-014,413
Total number of active participants reported on line 7a of the Form 55002021-01-011,694
Number of retired or separated participants receiving benefits2021-01-011,920
Number of other retired or separated participants entitled to future benefits2021-01-01453
Total of all active and inactive participants2021-01-014,067
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-01307
Total participants2021-01-014,374
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2020 401k membership
Market value of plan assets2020-12-311,162,474,864
Acturial value of plan assets2020-12-311,113,312,722
Funding target for retired participants and beneficiaries receiving payment2020-12-31612,335,107
Number of terminated vested participants2020-12-31466
Fundng target for terminated vested participants2020-12-3132,170,627
Active participant vested funding target2020-12-31415,854,132
Number of active participants2020-12-311,955
Total funding liabilities for active participants2020-12-31430,632,231
Total participant count2020-12-314,456
Total funding target for all participants2020-12-311,075,137,965
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3156,483,725
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-3116,064,819
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-3140,418,906
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-3149,307,023
Total employer contributions2020-12-3161,200,000
Total employee contributions2020-12-313,357,674
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-3158,343,466
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-3126,013,201
Net shortfall amortization installment of oustanding balance2020-12-3111,132,266
Total funding amount beforereflecting carryover/prefunding balances2020-12-3127,058,373
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-3111,689,046
Additional cash requirement2020-12-3115,369,327
Contributions allocatedtoward minimum required contributions for current year2020-12-3158,343,466
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-014,456
Total number of active participants reported on line 7a of the Form 55002020-01-011,842
Number of retired or separated participants receiving benefits2020-01-011,843
Number of other retired or separated participants entitled to future benefits2020-01-01443
Total of all active and inactive participants2020-01-014,128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01285
Total participants2020-01-014,413
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2019 401k membership
Market value of plan assets2019-12-31975,194,055
Acturial value of plan assets2019-12-311,037,623,426
Funding target for retired participants and beneficiaries receiving payment2019-12-31583,319,546
Number of terminated vested participants2019-12-31475
Fundng target for terminated vested participants2019-12-3133,771,817
Active participant vested funding target2019-12-31431,663,458
Number of active participants2019-12-312,085
Total funding liabilities for active participants2019-12-31450,927,030
Total participant count2019-12-314,508
Total funding target for all participants2019-12-311,068,018,393
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3161,480,260
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-3110,237,855
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-3151,242,405
Present value of excess contributions2019-12-3110,501,160
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-319,637,918
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-319,637,918
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-3156,483,725
Total employer contributions2019-12-3131,300,000
Total employee contributions2019-12-313,467,169
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-3130,691,363
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3127,389,704
Net shortfall amortization installment of oustanding balance2019-12-3186,878,692
Total funding amount beforereflecting carryover/prefunding balances2019-12-3146,756,182
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-3116,064,819
Additional cash requirement2019-12-3130,691,363
Contributions allocatedtoward minimum required contributions for current year2019-12-3130,691,363
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-014,506
Total number of active participants reported on line 7a of the Form 55002019-01-011,951
Number of retired or separated participants receiving benefits2019-01-011,791
Number of other retired or separated participants entitled to future benefits2019-01-01444
Total of all active and inactive participants2019-01-014,186
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-01266
Total participants2019-01-014,452
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2018 401k membership
Market value of plan assets2018-12-311,081,667,751
Acturial value of plan assets2018-12-31989,393,406
Funding target for retired participants and beneficiaries receiving payment2018-12-31540,907,873
Number of terminated vested participants2018-12-31488
Fundng target for terminated vested participants2018-12-3132,334,742
Active participant vested funding target2018-12-31421,506,583
Number of active participants2018-12-312,200
Total funding liabilities for active participants2018-12-31442,746,246
Total participant count2018-12-314,541
Total funding target for all participants2018-12-311,015,988,861
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3168,621,967
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-3117,857,984
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-3150,763,983
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-3161,480,260
Total employer contributions2018-12-3139,500,000
Total employee contributions2018-12-313,560,435
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-3138,441,725
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-3126,966,346
Net shortfall amortization installment of oustanding balance2018-12-3188,075,715
Total funding amount beforereflecting carryover/prefunding balances2018-12-3138,178,420
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-3110,237,855
Additional cash requirement2018-12-3127,940,565
Contributions allocatedtoward minimum required contributions for current year2018-12-3138,441,725
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-014,532
Total number of active participants reported on line 7a of the Form 55002018-01-012,083
Number of retired or separated participants receiving benefits2018-01-011,714
Number of other retired or separated participants entitled to future benefits2018-01-01451
Total of all active and inactive participants2018-01-014,248
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-01258
Total participants2018-01-014,506
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

Financial Data on PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES

Measure Date Value
2023 : PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total transfer of assets to this plan2023-12-31$68,744
Total transfer of assets from this plan2023-12-31$341,763
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$571,941
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$1,014,884
Total income from all sources (including contributions)2023-12-31$167,847,936
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$76,233,410
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$70,698,290
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$31,603,582
Value of total assets at end of year2023-12-31$1,172,069,999
Value of total assets at beginning of year2023-12-31$1,081,171,435
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$5,535,120
Total interest from all sources2023-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$20,000,000
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$2,903,582
Administrative expenses (other) incurred2023-12-31$3,248,564
Liabilities. Value of operating payables at end of year2023-12-31$571,941
Liabilities. Value of operating payables at beginning of year2023-12-31$1,014,884
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$91,614,526
Value of net assets at end of year (total assets less liabilities)2023-12-31$1,171,498,058
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$1,080,156,551
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Investment advisory and management fees2023-12-31$1,862,161
Value of interest in master investment trust accounts at end of year2023-12-31$1,143,369,999
Value of interest in master investment trust accounts at beginning of year2023-12-31$1,058,071,435
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$28,700,000
Employer contributions (assets) at end of year2023-12-31$28,700,000
Employer contributions (assets) at beginning of year2023-12-31$23,100,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$70,698,290
Did the plan have assets held for investment2023-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2023-12-31251408703
2022 : PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$3,985
Total transfer of assets from this plan2022-12-31$274,638
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$1,014,884
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$434,649
Total income from all sources (including contributions)2022-12-31$-290,526,772
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$75,413,708
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$69,382,351
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$26,201,983
Value of total assets at end of year2022-12-31$1,081,171,435
Value of total assets at beginning of year2022-12-31$1,446,802,333
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$6,031,357
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$1,501,160
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$20,000,000
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$3,101,983
Other income not declared elsewhere2022-12-31$610,651
Administrative expenses (other) incurred2022-12-31$3,029,672
Liabilities. Value of operating payables at end of year2022-12-31$1,014,884
Liabilities. Value of operating payables at beginning of year2022-12-31$434,649
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-365,940,480
Value of net assets at end of year (total assets less liabilities)2022-12-31$1,080,156,551
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$1,446,367,684
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$1,500,525
Value of interest in master investment trust accounts at end of year2022-12-31$1,058,071,435
Value of interest in master investment trust accounts at beginning of year2022-12-31$1,420,902,333
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$23,100,000
Employer contributions (assets) at end of year2022-12-31$23,100,000
Employer contributions (assets) at beginning of year2022-12-31$25,900,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$69,382,351
Did the plan have assets held for investment2022-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2022-12-31251408703
2021 : PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$11,712
Total transfer of assets from this plan2021-12-31$201,426
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$434,649
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$1,311,450
Total income from all sources (including contributions)2021-12-31$163,539,955
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$71,444,651
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$64,617,123
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$29,142,594
Value of total assets at end of year2021-12-31$1,446,802,333
Value of total assets at beginning of year2021-12-31$1,355,773,544
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$6,827,528
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$806,053
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$20,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$3,242,594
Administrative expenses (other) incurred2021-12-31$3,094,705
Liabilities. Value of operating payables at end of year2021-12-31$434,649
Liabilities. Value of operating payables at beginning of year2021-12-31$1,311,450
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$92,095,304
Value of net assets at end of year (total assets less liabilities)2021-12-31$1,446,367,684
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$1,354,462,094
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$2,926,770
Value of interest in master investment trust accounts at end of year2021-12-31$1,420,902,333
Value of interest in master investment trust accounts at beginning of year2021-12-31$1,325,273,544
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$25,900,000
Employer contributions (assets) at end of year2021-12-31$25,900,000
Employer contributions (assets) at beginning of year2021-12-31$30,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$64,617,123
Did the plan have assets held for investment2021-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2021-12-31251408703
2020 : PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$171,467
Total transfer of assets from this plan2020-12-31$429,757
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$1,311,450
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$1,148,394
Total income from all sources (including contributions)2020-12-31$261,211,219
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$67,817,345
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$60,720,454
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$64,557,674
Value of total assets at end of year2020-12-31$1,355,773,544
Value of total assets at beginning of year2020-12-31$1,162,474,904
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$7,096,891
Total interest from all sources2020-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$820,702
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$20,000,000
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$3,357,674
Administrative expenses (other) incurred2020-12-31$2,866,295
Liabilities. Value of operating payables at end of year2020-12-31$1,311,450
Liabilities. Value of operating payables at beginning of year2020-12-31$1,148,394
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$193,393,874
Value of net assets at end of year (total assets less liabilities)2020-12-31$1,354,462,094
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$1,161,326,510
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
Investment advisory and management fees2020-12-31$3,409,894
Value of interest in master investment trust accounts at end of year2020-12-31$1,325,273,544
Value of interest in master investment trust accounts at beginning of year2020-12-31$1,162,474,904
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
Contributions received in cash from employer2020-12-31$61,200,000
Employer contributions (assets) at end of year2020-12-31$30,500,000
Employer contributions (assets) at beginning of year2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$60,720,454
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 PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2020-12-31251408703
2019 : PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$183,168
Total transfer of assets from this plan2019-12-31$469,938
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$1,148,394
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$1,036,354
Total income from all sources (including contributions)2019-12-31$251,017,324
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$63,561,646
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$56,590,295
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$34,767,169
Value of total assets at end of year2019-12-31$1,162,474,904
Value of total assets at beginning of year2019-12-31$975,193,956
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$6,971,351
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$538,395
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$20,000,000
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$3,467,169
Administrative expenses (other) incurred2019-12-31$3,115,030
Liabilities. Value of operating payables at end of year2019-12-31$1,148,394
Liabilities. Value of operating payables at beginning of year2019-12-31$1,036,354
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$187,455,678
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,161,326,510
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$974,157,602
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
Investment advisory and management fees2019-12-31$3,317,926
Value of interest in master investment trust accounts at end of year2019-12-31$1,162,474,904
Value of interest in master investment trust accounts at beginning of year2019-12-31$975,193,956
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$31,300,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$56,590,295
Did the plan have assets held for investment2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2019-12-31251408703
2018 : PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$217,573
Total transfer of assets from this plan2018-12-31$1,640,484
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$1,036,354
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$896,544
Total income from all sources (including contributions)2018-12-31$-45,336,839
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$59,853,855
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$52,700,207
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$43,060,435
Value of total assets at end of year2018-12-31$975,193,956
Value of total assets at beginning of year2018-12-31$1,081,667,751
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$7,153,648
Total interest from all sources2018-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$528,928
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$20,000,000
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$3,560,435
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Administrative expenses (other) incurred2018-12-31$3,085,159
Liabilities. Value of operating payables at end of year2018-12-31$1,036,354
Liabilities. Value of operating payables at beginning of year2018-12-31$896,544
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-105,190,694
Value of net assets at end of year (total assets less liabilities)2018-12-31$974,157,602
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$1,080,771,207
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
Investment advisory and management fees2018-12-31$3,539,561
Value of interest in master investment trust accounts at end of year2018-12-31$975,193,956
Value of interest in master investment trust accounts at beginning of year2018-12-31$1,081,667,751
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 contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$39,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$52,700,207
Did the plan have assets held for investment2018-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2018-12-31251408703

Form 5500 Responses for PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES

2023: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 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 filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 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 planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PENSION PLAN FOR ELIGIBLE BETTIS EMPLOYEES AND RETIREES 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 planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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