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PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 401k Plan overview

Plan NamePENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS
Plan identification number 003

PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • 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 KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01

Plan Statistics for PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS

401k plan membership statisitcs for PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS

Measure Date Value
2023: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 2023 401k membership
Total participants, beginning-of-year2023-01-01732
Total number of active participants reported on line 7a of the Form 55002023-01-01141
Number of retired or separated participants receiving benefits2023-01-01343
Number of other retired or separated participants entitled to future benefits2023-01-01182
Total of all active and inactive participants2023-01-01666
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-0160
Total participants2023-01-01726
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 2022 401k membership
Market value of plan assets2022-12-31162,169,331
Acturial value of plan assets2022-12-31153,891,676
Funding target for retired participants and beneficiaries receiving payment2022-12-3178,262,803
Number of terminated vested participants2022-12-31187
Fundng target for terminated vested participants2022-12-3115,584,276
Active participant vested funding target2022-12-3131,372,931
Number of active participants2022-12-31179
Total funding liabilities for active participants2022-12-3131,576,907
Total participant count2022-12-31739
Total funding target for all participants2022-12-31125,423,986
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-3111,033,894
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-3111,033,894
Present value of excess contributions2022-12-312,465,341
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-312,603,647
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-312,603,647
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 year2022-12-3114,727,690
Total employer contributions2022-12-312,400,000
Total employee contributions2022-12-310
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 date2022-12-312,222,318
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 cost2022-12-312,389,940
Net shortfall amortization installment of oustanding balance2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-312,222,318
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-01739
Total number of active participants reported on line 7a of the Form 55002022-01-01162
Number of retired or separated participants receiving benefits2022-01-01330
Number of other retired or separated participants entitled to future benefits2022-01-01182
Total of all active and inactive participants2022-01-01674
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-0158
Total participants2022-01-01732
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 2021 401k membership
Market value of plan assets2021-12-31152,243,288
Acturial value of plan assets2021-12-31137,378,565
Funding target for retired participants and beneficiaries receiving payment2021-12-3173,369,798
Number of terminated vested participants2021-12-31172
Fundng target for terminated vested participants2021-12-3113,305,446
Active participant vested funding target2021-12-3136,057,359
Number of active participants2021-12-31220
Total funding liabilities for active participants2021-12-3136,323,097
Total participant count2021-12-31744
Total funding target for all participants2021-12-31122,998,341
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-316,041,903
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-311,202,550
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-314,839,353
Present value of excess contributions2021-12-314,965,190
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-315,383,465
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-315,383,465
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-3111,033,894
Total employer contributions2021-12-312,700,000
Total employee contributions2021-12-310
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 date2021-12-312,465,341
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 cost2021-12-312,451,707
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-312,465,341
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-01744
Total number of active participants reported on line 7a of the Form 55002021-01-01179
Number of retired or separated participants receiving benefits2021-01-01324
Number of other retired or separated participants entitled to future benefits2021-01-01186
Total of all active and inactive participants2021-01-01689
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0150
Total participants2021-01-01739
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 2020 401k membership
Market value of plan assets2020-12-31131,107,859
Acturial value of plan assets2020-12-31125,584,663
Funding target for retired participants and beneficiaries receiving payment2020-12-3169,355,344
Number of terminated vested participants2020-12-31175
Fundng target for terminated vested participants2020-12-3113,105,755
Active participant vested funding target2020-12-3136,626,845
Number of active participants2020-12-31236
Total funding liabilities for active participants2020-12-3136,890,708
Total participant count2020-12-31747
Total funding target for all participants2020-12-31119,351,807
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-315,937,473
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-31985,905
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-314,951,568
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 year2020-12-316,041,903
Total employer contributions2020-12-316,700,000
Total employee contributions2020-12-310
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 date2020-12-316,384,550
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 cost2020-12-312,812,863
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-312,621,910
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-311,202,550
Additional cash requirement2020-12-311,419,360
Contributions allocatedtoward minimum required contributions for current year2020-12-316,384,550
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-01747
Total number of active participants reported on line 7a of the Form 55002020-01-01220
Number of retired or separated participants receiving benefits2020-01-01311
Number of other retired or separated participants entitled to future benefits2020-01-01171
Total of all active and inactive participants2020-01-01702
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-0142
Total participants2020-01-01744
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 2019 401k membership
Market value of plan assets2019-12-31110,151,934
Acturial value of plan assets2019-12-31117,016,457
Funding target for retired participants and beneficiaries receiving payment2019-12-3168,614,934
Number of terminated vested participants2019-12-31173
Fundng target for terminated vested participants2019-12-3112,342,631
Active participant vested funding target2019-12-3136,466,724
Number of active participants2019-12-31252
Total funding liabilities for active participants2019-12-3136,756,535
Total participant count2019-12-31753
Total funding target for all participants2019-12-31117,714,100
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-316,764,756
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-311,257,620
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-315,507,136
Present value of excess contributions2019-12-31986,874
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31902,299
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-31902,299
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 year2019-12-315,937,473
Total employer contributions2019-12-313,900,000
Total employee contributions2019-12-310
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 date2019-12-313,824,294
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 cost2019-12-312,952,217
Net shortfall amortization installment of oustanding balance2019-12-316,635,116
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-314,810,199
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-31985,905
Additional cash requirement2019-12-313,824,294
Contributions allocatedtoward minimum required contributions for current year2019-12-313,824,294
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-01753
Total number of active participants reported on line 7a of the Form 55002019-01-01236
Number of retired or separated participants receiving benefits2019-01-01299
Number of other retired or separated participants entitled to future benefits2019-01-01174
Total of all active and inactive participants2019-01-01709
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-0138
Total participants2019-01-01747
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 2018 401k membership
Market value of plan assets2018-12-31124,077,503
Acturial value of plan assets2018-12-31113,026,293
Funding target for retired participants and beneficiaries receiving payment2018-12-3165,513,333
Number of terminated vested participants2018-12-31163
Fundng target for terminated vested participants2018-12-3111,047,353
Active participant vested funding target2018-12-3136,934,829
Number of active participants2018-12-31278
Total funding liabilities for active participants2018-12-3137,248,014
Total participant count2018-12-31762
Total funding target for all participants2018-12-31113,808,700
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-318,056,380
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-312,496,916
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-315,559,464
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 year2018-12-316,764,756
Total employer contributions2018-12-313,400,000
Total employee contributions2018-12-310
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 date2018-12-313,309,211
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 cost2018-12-313,050,713
Net shortfall amortization installment of oustanding balance2018-12-317,547,163
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-313,579,957
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-311,257,620
Additional cash requirement2018-12-312,322,337
Contributions allocatedtoward minimum required contributions for current year2018-12-313,309,211
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-01762
Total number of active participants reported on line 7a of the Form 55002018-01-01252
Number of retired or separated participants receiving benefits2018-01-01292
Number of other retired or separated participants entitled to future benefits2018-01-01172
Total of all active and inactive participants2018-01-01716
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-0137
Total participants2018-01-01753
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 KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS

Measure Date Value
2023 : PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total transfer of assets to this plan2023-12-31$7,483
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$121,517
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$142,085
Total income from all sources (including contributions)2023-12-31$16,156,708
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$8,681,718
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$7,715,362
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$1,000,000
Value of total assets at end of year2023-12-31$128,033,382
Value of total assets at beginning of year2023-12-31$120,571,477
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$966,356
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
Administrative expenses (other) incurred2023-12-31$547,536
Liabilities. Value of operating payables at end of year2023-12-31$121,517
Liabilities. Value of operating payables at beginning of year2023-12-31$142,085
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$7,474,990
Value of net assets at end of year (total assets less liabilities)2023-12-31$127,911,865
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$120,429,392
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$273,264
Value of interest in master investment trust accounts at end of year2023-12-31$127,033,382
Value of interest in master investment trust accounts at beginning of year2023-12-31$118,171,477
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$1,000,000
Employer contributions (assets) at end of year2023-12-31$1,000,000
Employer contributions (assets) at beginning of year2023-12-31$2,400,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$7,715,362
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 KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$424
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$142,085
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$74,303
Total income from all sources (including contributions)2022-12-31$-33,296,522
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$8,465,856
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$7,609,770
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,400,000
Value of total assets at end of year2022-12-31$120,571,477
Value of total assets at beginning of year2022-12-31$162,265,649
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$856,086
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$272,816
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
Administrative expenses (other) incurred2022-12-31$406,184
Liabilities. Value of operating payables at end of year2022-12-31$142,085
Liabilities. Value of operating payables at beginning of year2022-12-31$74,303
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-41,762,378
Value of net assets at end of year (total assets less liabilities)2022-12-31$120,429,392
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$162,191,346
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$177,086
Value of interest in master investment trust accounts at end of year2022-12-31$118,171,477
Value of interest in master investment trust accounts at beginning of year2022-12-31$159,565,649
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$2,400,000
Employer contributions (assets) at end of year2022-12-31$2,400,000
Employer contributions (assets) at beginning of year2022-12-31$2,700,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$7,609,770
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 KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$1,136
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$74,303
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$171,447
Total income from all sources (including contributions)2021-12-31$17,788,917
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$7,738,081
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$6,917,501
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,700,000
Value of total assets at end of year2021-12-31$162,265,649
Value of total assets at beginning of year2021-12-31$152,310,821
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$820,580
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$209,161
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
Administrative expenses (other) incurred2021-12-31$282,486
Liabilities. Value of operating payables at end of year2021-12-31$74,303
Liabilities. Value of operating payables at beginning of year2021-12-31$171,447
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$10,050,836
Value of net assets at end of year (total assets less liabilities)2021-12-31$162,191,346
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$152,139,374
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$328,933
Value of interest in master investment trust accounts at end of year2021-12-31$159,565,649
Value of interest in master investment trust accounts at beginning of year2021-12-31$148,910,821
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$2,700,000
Employer contributions (assets) at end of year2021-12-31$2,700,000
Employer contributions (assets) at beginning of year2021-12-31$3,400,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$6,917,501
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 KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$19,669
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$171,447
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$132,880
Total income from all sources (including contributions)2020-12-31$28,819,360
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$7,674,549
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$6,574,384
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$6,700,000
Value of total assets at end of year2020-12-31$152,310,821
Value of total assets at beginning of year2020-12-31$131,107,774
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$1,100,165
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$225,944
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
Administrative expenses (other) incurred2020-12-31$481,683
Liabilities. Value of operating payables at end of year2020-12-31$171,447
Liabilities. Value of operating payables at beginning of year2020-12-31$132,880
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$21,144,811
Value of net assets at end of year (total assets less liabilities)2020-12-31$152,139,374
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$130,974,894
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$392,538
Value of interest in master investment trust accounts at end of year2020-12-31$148,910,821
Value of interest in master investment trust accounts at beginning of year2020-12-31$131,107,774
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$6,700,000
Employer contributions (assets) at end of year2020-12-31$3,400,000
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$6,574,384
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 KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$6,919
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$132,880
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$117,798
Total income from all sources (including contributions)2019-12-31$28,337,685
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$7,403,887
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$6,371,502
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,900,000
Value of total assets at end of year2019-12-31$131,107,774
Value of total assets at beginning of year2019-12-31$110,151,975
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,032,385
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$161,807
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
Administrative expenses (other) incurred2019-12-31$504,297
Liabilities. Value of operating payables at end of year2019-12-31$132,880
Liabilities. Value of operating payables at beginning of year2019-12-31$117,798
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$20,933,798
Value of net assets at end of year (total assets less liabilities)2019-12-31$130,974,894
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$110,034,177
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$366,281
Value of interest in master investment trust accounts at end of year2019-12-31$131,107,774
Value of interest in master investment trust accounts at beginning of year2019-12-31$110,151,975
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$3,900,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$6,371,502
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 KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 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$117,798
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$114,713
Total income from all sources (including contributions)2018-12-31$-6,607,426
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$7,321,187
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$6,271,697
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$3,400,000
Value of total assets at end of year2018-12-31$110,151,975
Value of total assets at beginning of year2018-12-31$124,077,503
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$1,049,490
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$154,455
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
Administrative expenses (other) incurred2018-12-31$501,097
Liabilities. Value of operating payables at end of year2018-12-31$117,798
Liabilities. Value of operating payables at beginning of year2018-12-31$114,713
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-13,928,613
Value of net assets at end of year (total assets less liabilities)2018-12-31$110,034,177
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$123,962,790
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$393,938
Value of interest in master investment trust accounts at end of year2018-12-31$110,151,975
Value of interest in master investment trust accounts at beginning of year2018-12-31$124,077,503
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$3,400,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$6,271,697
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 KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS

2023: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 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 planYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 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 planYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 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 planYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 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 planYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 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: PENSION PLAN FOR KAPL EMPLOYEES IN PARTICIPATING BARGAINING UNITS 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

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