BAKER HUGHES HOLDINGS, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BAKER HUGHES INCORPORATED THRIFT PLAN
Measure | Date | Value |
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2023 : BAKER HUGHES INCORPORATED THRIFT PLAN 2023 401k financial data |
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Total transfer of assets to this plan | 2023-12-31 | $17,700,100 |
Total income from all sources (including contributions) | 2023-12-31 | $856,352,633 |
Total of all expenses incurred | 2023-12-31 | $375,568,957 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $374,138,653 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $282,656,922 |
Value of total assets at end of year | 2023-12-31 | $3,749,008,725 |
Value of total assets at beginning of year | 2023-12-31 | $3,250,524,949 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $1,430,304 |
Total interest from all sources | 2023-12-31 | $2,412,876 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
Value of fidelity bond cover | 2023-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
Contributions received from participants | 2023-12-31 | $128,815,302 |
Participant contributions at end of year | 2023-12-31 | $48,141,891 |
Participant contributions at beginning of year | 2023-12-31 | $43,401,252 |
Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $15,506,298 |
Administrative expenses (other) incurred | 2023-12-31 | $-116,782 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
Value of net income/loss | 2023-12-31 | $480,783,676 |
Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $3,749,008,725 |
Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $3,250,524,949 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
Investment advisory and management fees | 2023-12-31 | $202,731 |
Interest on participant loans | 2023-12-31 | $2,209,834 |
Value of interest in master investment trust accounts at end of year | 2023-12-31 | $3,700,866,834 |
Value of interest in master investment trust accounts at beginning of year | 2023-12-31 | $3,207,123,697 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $203,042 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
Contributions received in cash from employer | 2023-12-31 | $138,335,322 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $374,138,653 |
Contract administrator fees | 2023-12-31 | $815,469 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-12-31 | No |
Did the plan have assets held for investment | 2023-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
Accountancy firm name | 2023-12-31 | WEAVER AND TIDWELL, LLP |
Accountancy firm EIN | 2023-12-31 | 750786316 |
2022 : BAKER HUGHES INCORPORATED THRIFT PLAN 2022 401k financial data |
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Total income from all sources (including contributions) | 2022-12-31 | $-259,122,413 |
Total of all expenses incurred | 2022-12-31 | $305,544,124 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $304,020,959 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $274,551,508 |
Value of total assets at end of year | 2022-12-31 | $3,250,524,949 |
Value of total assets at beginning of year | 2022-12-31 | $3,815,191,486 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,523,165 |
Total interest from all sources | 2022-12-31 | $1,671,343 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Administrative expenses professional fees incurred | 2022-12-31 | $473,271 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $128,394,235 |
Participant contributions at end of year | 2022-12-31 | $43,401,252 |
Participant contributions at beginning of year | 2022-12-31 | $46,160,619 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $11,483,383 |
Administrative expenses (other) incurred | 2022-12-31 | $-92,455 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-564,666,537 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,250,524,949 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,815,191,486 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $332,551 |
Interest on participant loans | 2022-12-31 | $1,616,012 |
Value of interest in master investment trust accounts at end of year | 2022-12-31 | $3,207,123,697 |
Value of interest in master investment trust accounts at beginning of year | 2022-12-31 | $3,769,030,867 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $55,331 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $134,673,890 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $304,020,959 |
Contract administrator fees | 2022-12-31 | $809,798 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | WEAVER AND TIDWELL, LLP |
Accountancy firm EIN | 2022-12-31 | 750786316 |
2021 : BAKER HUGHES INCORPORATED THRIFT PLAN 2021 401k financial data |
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Total income from all sources (including contributions) | 2021-12-31 | $693,063,699 |
Total of all expenses incurred | 2021-12-31 | $419,415,242 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $417,409,863 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $254,089,708 |
Value of total assets at end of year | 2021-12-31 | $3,815,191,486 |
Value of total assets at beginning of year | 2021-12-31 | $3,541,543,029 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $2,005,379 |
Total interest from all sources | 2021-12-31 | $1,750,451 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $624,746 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $119,307,533 |
Participant contributions at end of year | 2021-12-31 | $46,160,619 |
Participant contributions at beginning of year | 2021-12-31 | $46,916,136 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $13,446,051 |
Administrative expenses (other) incurred | 2021-12-31 | $105,801 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $273,648,457 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $3,815,191,486 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,541,543,029 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $387,207 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $119,340,830 |
Interest on participant loans | 2021-12-31 | $1,749,102 |
Value of interest in master investment trust accounts at end of year | 2021-12-31 | $3,769,030,867 |
Value of interest in master investment trust accounts at beginning of year | 2021-12-31 | $3,375,286,063 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $1,349 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $121,336,124 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $417,409,863 |
Contract administrator fees | 2021-12-31 | $887,625 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | WEAVER AND TIDWELL, LLP |
Accountancy firm EIN | 2021-12-31 | 750786316 |
2020 : BAKER HUGHES INCORPORATED THRIFT PLAN 2020 401k financial data |
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Total transfer of assets to this plan | 2020-12-31 | $24,387,139 |
Total income from all sources (including contributions) | 2020-12-31 | $729,303,740 |
Total of all expenses incurred | 2020-12-31 | $661,581,385 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $658,838,948 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $320,300,784 |
Value of total assets at end of year | 2020-12-31 | $3,541,543,029 |
Value of total assets at beginning of year | 2020-12-31 | $3,449,433,535 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $2,742,437 |
Total interest from all sources | 2020-12-31 | $2,347,681 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $1,226,602 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $142,696,411 |
Participant contributions at end of year | 2020-12-31 | $46,916,136 |
Participant contributions at beginning of year | 2020-12-31 | $53,437,239 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $21,735,942 |
Administrative expenses (other) incurred | 2020-12-31 | $745,909 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $67,722,355 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $3,541,543,029 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,449,433,535 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $356,839 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $119,340,830 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $0 |
Interest on participant loans | 2020-12-31 | $2,315,641 |
Value of interest in master investment trust accounts at end of year | 2020-12-31 | $3,375,286,063 |
Value of interest in master investment trust accounts at beginning of year | 2020-12-31 | $3,395,996,296 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $32,040 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $155,868,431 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $658,838,948 |
Contract administrator fees | 2020-12-31 | $413,087 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | No |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | WEAVER AND TIDWELL, LLP |
Accountancy firm EIN | 2020-12-31 | 750786316 |
2019 : BAKER HUGHES INCORPORATED THRIFT PLAN 2019 401k financial data |
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Total transfer of assets to this plan | 2019-12-31 | $628,621 |
Total transfer of assets to this plan | 2019-12-31 | $628,621 |
Total income from all sources (including contributions) | 2019-12-31 | $879,558,870 |
Total income from all sources (including contributions) | 2019-12-31 | $879,558,870 |
Total of all expenses incurred | 2019-12-31 | $364,255,455 |
Total of all expenses incurred | 2019-12-31 | $364,255,455 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $361,970,866 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $353,571,691 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $353,571,691 |
Value of total assets at end of year | 2019-12-31 | $3,449,433,535 |
Value of total assets at beginning of year | 2019-12-31 | $2,933,501,499 |
Value of total assets at beginning of year | 2019-12-31 | $2,933,501,499 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,284,589 |
Total interest from all sources | 2019-12-31 | $2,907,725 |
Total interest from all sources | 2019-12-31 | $2,907,725 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $1,804,344 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $162,924,546 |
Participant contributions at end of year | 2019-12-31 | $53,437,239 |
Participant contributions at beginning of year | 2019-12-31 | $50,949,260 |
Participant contributions at beginning of year | 2019-12-31 | $50,949,260 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $11,428,578 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $515,303,415 |
Value of net income/loss | 2019-12-31 | $515,303,415 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $3,449,433,535 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $2,933,501,499 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $480,245 |
Interest on participant loans | 2019-12-31 | $2,792,727 |
Interest on participant loans | 2019-12-31 | $2,792,727 |
Value of interest in master investment trust accounts at end of year | 2019-12-31 | $3,395,996,296 |
Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $2,882,552,239 |
Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $2,882,552,239 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $114,998 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $114,998 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $179,218,567 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $361,970,866 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | No |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | No |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | WEAVER AND TIDWELL, LLP |
Accountancy firm EIN | 2019-12-31 | 750786316 |
2018 : BAKER HUGHES INCORPORATED THRIFT PLAN 2018 401k financial data |
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Total income from all sources (including contributions) | 2018-12-31 | $66,498,706 |
Total of all expenses incurred | 2018-12-31 | $388,876,035 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $386,521,420 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $197,641,821 |
Value of total assets at end of year | 2018-12-31 | $2,933,501,499 |
Value of total assets at beginning of year | 2018-12-31 | $3,255,878,828 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $2,354,615 |
Total interest from all sources | 2018-12-31 | $2,535,717 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $9 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $1,566,056 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $94,156,662 |
Participant contributions at end of year | 2018-12-31 | $50,949,260 |
Participant contributions at beginning of year | 2018-12-31 | $50,986,843 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $2,648,843 |
Administrative expenses (other) incurred | 2018-12-31 | $443,588 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-322,377,329 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $2,933,501,499 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $3,255,878,828 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $344,971 |
Interest on participant loans | 2018-12-31 | $2,430,377 |
Value of interest in master investment trust accounts at end of year | 2018-12-31 | $2,882,552,239 |
Value of interest in master investment trust accounts at beginning of year | 2018-12-31 | $3,204,891,985 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $105,340 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $100,836,316 |
Income. Dividends from common stock | 2018-12-31 | $9 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $386,521,420 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | No |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | WEAVER AND TIDWELL, LLP |
Accountancy firm EIN | 2018-12-31 | 750786316 |
2017 : BAKER HUGHES INCORPORATED THRIFT PLAN 2017 401k financial data |
---|
Total income from all sources (including contributions) | 2017-12-31 | $632,257,104 |
Total of all expenses incurred | 2017-12-31 | $393,830,621 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $391,580,558 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $202,903,010 |
Value of total assets at end of year | 2017-12-31 | $3,255,878,828 |
Value of total assets at beginning of year | 2017-12-31 | $3,017,452,345 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $2,250,063 |
Total interest from all sources | 2017-12-31 | $2,420,472 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $12 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $1,614,995 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $98,291,657 |
Participant contributions at end of year | 2017-12-31 | $50,986,843 |
Participant contributions at beginning of year | 2017-12-31 | $57,159,261 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $4,082,162 |
Administrative expenses (other) incurred | 2017-12-31 | $340,198 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $238,426,483 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $3,255,878,828 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $3,017,452,345 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $294,870 |
Interest on participant loans | 2017-12-31 | $2,365,219 |
Value of interest in master investment trust accounts at end of year | 2017-12-31 | $3,204,891,985 |
Value of interest in master investment trust accounts at beginning of year | 2017-12-31 | $2,960,293,084 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $55,253 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $100,529,191 |
Income. Dividends from common stock | 2017-12-31 | $12 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $391,580,558 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | WEAVER AND TIDWELL, LLP |
Accountancy firm EIN | 2017-12-31 | 750786316 |
2016 : BAKER HUGHES INCORPORATED THRIFT PLAN 2016 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $331,754,094 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $543,067,834 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $540,730,900 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $138,134,462 |
Value of total assets at end of year | 2016-12-31 | $3,017,452,345 |
Value of total assets at beginning of year | 2016-12-31 | $3,228,766,085 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $2,336,934 |
Total interest from all sources | 2016-12-31 | $2,600,922 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Administrative expenses professional fees incurred | 2016-12-31 | $2,069,364 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $97,006,377 |
Participant contributions at end of year | 2016-12-31 | $57,159,261 |
Participant contributions at beginning of year | 2016-12-31 | $73,003,668 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $2,442,765 |
Administrative expenses (other) incurred | 2016-12-31 | $2,200 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $-211,313,740 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $3,017,452,345 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $3,228,766,085 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $265,370 |
Interest on participant loans | 2016-12-31 | $2,569,837 |
Value of interest in master investment trust accounts at end of year | 2016-12-31 | $2,960,293,084 |
Value of interest in master investment trust accounts at beginning of year | 2016-12-31 | $3,155,762,417 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $31,085 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $38,685,320 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $540,730,900 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2016-12-31 | 133891517 |
2015 : BAKER HUGHES INCORPORATED THRIFT PLAN 2015 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $284,229,814 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $685,452,189 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $682,154,825 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $187,788 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $308,219,801 |
Value of total assets at end of year | 2015-12-31 | $3,228,766,085 |
Value of total assets at beginning of year | 2015-12-31 | $3,629,988,460 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $3,109,576 |
Total interest from all sources | 2015-12-31 | $3,284,613 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Administrative expenses professional fees incurred | 2015-12-31 | $714,183 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $152,412,729 |
Participant contributions at end of year | 2015-12-31 | $73,003,668 |
Participant contributions at beginning of year | 2015-12-31 | $92,362,660 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $2,878,646 |
Administrative expenses (other) incurred | 2015-12-31 | $21,005 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-401,222,375 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $3,228,766,085 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $3,629,988,460 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $360,858 |
Interest on participant loans | 2015-12-31 | $3,284,613 |
Value of interest in master investment trust accounts at end of year | 2015-12-31 | $3,155,762,417 |
Value of interest in master investment trust accounts at beginning of year | 2015-12-31 | $3,537,625,800 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $152,928,426 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $682,154,825 |
Contract administrator fees | 2015-12-31 | $2,013,530 |
Did the plan have assets held for investment | 2015-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2015-12-31 | 133891517 |
2014 : BAKER HUGHES INCORPORATED THRIFT PLAN 2014 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
Total transfer of assets to this plan | 2014-12-31 | $774,773 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $533,021,641 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $372,978,870 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $369,851,474 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $-91,422 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $390,961,165 |
Value of total assets at end of year | 2014-12-31 | $3,629,988,460 |
Value of total assets at beginning of year | 2014-12-31 | $3,469,170,916 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $3,218,818 |
Total interest from all sources | 2014-12-31 | $3,747,251 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Administrative expenses professional fees incurred | 2014-12-31 | $2,825,706 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $189,782,488 |
Participant contributions at end of year | 2014-12-31 | $92,362,660 |
Participant contributions at beginning of year | 2014-12-31 | $89,902,895 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $6,519,713 |
Administrative expenses (other) incurred | 2014-12-31 | $5,178 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $160,042,771 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $3,629,988,460 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $3,469,170,916 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Investment advisory and management fees | 2014-12-31 | $387,934 |
Interest on participant loans | 2014-12-31 | $3,747,251 |
Value of interest in master investment trust accounts at end of year | 2014-12-31 | $3,537,625,800 |
Value of interest in master investment trust accounts at beginning of year | 2014-12-31 | $3,379,268,021 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $194,658,964 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $369,851,474 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2014-12-31 | 133891517 |
2013 : BAKER HUGHES INCORPORATED THRIFT PLAN 2013 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total transfer of assets to this plan | 2013-12-31 | $1,561,761 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $305,045 |
Total income from all sources (including contributions) | 2013-12-31 | $778,568,582 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $283,265,123 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $279,032,524 |
Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $174,519 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $353,425,113 |
Value of total assets at end of year | 2013-12-31 | $3,469,170,916 |
Value of total assets at beginning of year | 2013-12-31 | $2,972,610,741 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $4,058,080 |
Total interest from all sources | 2013-12-31 | $3,436,331 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Administrative expenses professional fees incurred | 2013-12-31 | $809,563 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $170,865,871 |
Participant contributions at end of year | 2013-12-31 | $89,902,895 |
Participant contributions at beginning of year | 2013-12-31 | $75,898,224 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $6,439,562 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $195 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $305,045 |
Administrative expenses (other) incurred | 2013-12-31 | $160,072 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $495,303,459 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $3,469,170,916 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $2,972,305,696 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Investment advisory and management fees | 2013-12-31 | $293,706 |
Interest on participant loans | 2013-12-31 | $3,436,331 |
Value of interest in master investment trust accounts at end of year | 2013-12-31 | $3,379,268,021 |
Value of interest in master investment trust accounts at beginning of year | 2013-12-31 | $2,892,938,461 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $3,773,861 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $176,119,680 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $279,032,524 |
Contract administrator fees | 2013-12-31 | $2,794,739 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2013-12-31 | 133891517 |
2012 : BAKER HUGHES INCORPORATED THRIFT PLAN 2012 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total transfer of assets to this plan | 2012-12-31 | $365,450,421 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $305,045 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $190,023 |
Total income from all sources (including contributions) | 2012-12-31 | $559,134,194 |
Total loss/gain on sale of assets | 2012-12-31 | $17,449 |
Total of all expenses incurred | 2012-12-31 | $181,947,971 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $178,700,629 |
Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $117,321 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $343,798,940 |
Value of total assets at end of year | 2012-12-31 | $2,972,610,741 |
Value of total assets at beginning of year | 2012-12-31 | $2,229,859,075 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $3,130,021 |
Total interest from all sources | 2012-12-31 | $2,514,486 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Administrative expenses professional fees incurred | 2012-12-31 | $551,842 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $159,231,801 |
Participant contributions at end of year | 2012-12-31 | $75,898,224 |
Participant contributions at beginning of year | 2012-12-31 | $56,453,456 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $11,299,752 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $195 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $15 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $305,045 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $190,023 |
Administrative expenses (other) incurred | 2012-12-31 | $49,396 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $377,186,223 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $2,972,305,696 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $2,229,669,052 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | Yes |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Investment advisory and management fees | 2012-12-31 | $409,187 |
Interest on participant loans | 2012-12-31 | $2,514,486 |
Value of interest in master investment trust accounts at end of year | 2012-12-31 | $2,892,938,461 |
Value of interest in master investment trust accounts at beginning of year | 2012-12-31 | $2,171,225,752 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $3,773,861 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $2,179,852 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $4,394 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $173,267,387 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $178,700,629 |
Contract administrator fees | 2012-12-31 | $2,119,596 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Aggregate proceeds on sale of assets | 2012-12-31 | $32,769,726 |
Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $32,752,277 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2012-12-31 | 133891517 |
2011 : BAKER HUGHES INCORPORATED THRIFT PLAN 2011 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total transfer of assets to this plan | 2011-12-31 | $1,522,831 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $190,023 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $186,256 |
Total income from all sources (including contributions) | 2011-12-31 | $208,381,739 |
Total loss/gain on sale of assets | 2011-12-31 | $17,532 |
Total of all expenses incurred | 2011-12-31 | $161,557,768 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $159,176,572 |
Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $364,017 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $227,476,336 |
Value of total assets at end of year | 2011-12-31 | $2,229,859,075 |
Value of total assets at beginning of year | 2011-12-31 | $2,181,508,506 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $2,017,179 |
Total interest from all sources | 2011-12-31 | $2,450,368 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Administrative expenses professional fees incurred | 2011-12-31 | $232,891 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $109,145,294 |
Participant contributions at end of year | 2011-12-31 | $56,453,456 |
Participant contributions at beginning of year | 2011-12-31 | $53,088,083 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $6,089,432 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $15 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $397 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $190,023 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $186,256 |
Administrative expenses (other) incurred | 2011-12-31 | $1,784,288 |
Total non interest bearing cash at end of year | 2011-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $725 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $46,823,971 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $2,229,669,052 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $2,181,322,250 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Interest on participant loans | 2011-12-31 | $2,450,368 |
Value of interest in master investment trust accounts at end of year | 2011-12-31 | $2,171,225,752 |
Value of interest in master investment trust accounts at beginning of year | 2011-12-31 | $2,125,337,528 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $2,179,852 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $3,081,773 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $5,946 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $112,241,610 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $159,176,572 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Aggregate proceeds on sale of assets | 2011-12-31 | $30,451,449 |
Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $30,433,917 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2011-12-31 | 133891517 |
2010 : BAKER HUGHES INCORPORATED THRIFT PLAN 2010 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $186,256 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $184,300 |
Total income from all sources (including contributions) | 2010-12-31 | $407,106,351 |
Total loss/gain on sale of assets | 2010-12-31 | $5,385 |
Total of all expenses incurred | 2010-12-31 | $143,832,325 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $141,651,143 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $202,053,977 |
Value of total assets at end of year | 2010-12-31 | $2,181,508,506 |
Value of total assets at beginning of year | 2010-12-31 | $1,918,232,524 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $2,181,182 |
Total interest from all sources | 2010-12-31 | $2,733,746 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Administrative expenses professional fees incurred | 2010-12-31 | $129,834 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $96,564,510 |
Participant contributions at end of year | 2010-12-31 | $53,088,083 |
Participant contributions at beginning of year | 2010-12-31 | $50,987,952 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $5,903,093 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $397 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $299 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $186,256 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $184,300 |
Administrative expenses (other) incurred | 2010-12-31 | $2,051,348 |
Total non interest bearing cash at end of year | 2010-12-31 | $725 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $263,274,026 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $2,181,322,250 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,918,048,224 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Interest on participant loans | 2010-12-31 | $2,733,701 |
Value of interest in master investment trust accounts at end of year | 2010-12-31 | $2,125,337,528 |
Value of interest in master investment trust accounts at beginning of year | 2010-12-31 | $1,865,572,363 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $3,081,773 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $1,671,910 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $45 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $3,248 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $99,586,374 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $141,651,143 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Aggregate proceeds on sale of assets | 2010-12-31 | $28,765,759 |
Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $28,760,374 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2010-12-31 | 133891517 |
2009 : BAKER HUGHES INCORPORATED THRIFT PLAN 2009 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2009-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2009-12-31 | $184,300 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2009-12-31 | $0 |
Total income from all sources (including contributions) | 2009-12-31 | $499,202,236 |
Total loss/gain on sale of assets | 2009-12-31 | $259,482 |
Total of all expenses incurred | 2009-12-31 | $158,484,076 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2009-12-31 | $156,165,346 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2009-12-31 | $191,196,676 |
Value of total assets at end of year | 2009-12-31 | $1,918,232,524 |
Value of total assets at beginning of year | 2009-12-31 | $1,577,330,064 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2009-12-31 | $2,318,730 |
Total interest from all sources | 2009-12-31 | $3,139,383 |
Total dividends received (eg from common stock, registered investment company shares) | 2009-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2009-12-31 | No |
Administrative expenses professional fees incurred | 2009-12-31 | $119,020 |
Was this plan covered by a fidelity bond | 2009-12-31 | Yes |
Value of fidelity bond cover | 2009-12-31 | $20,000,000 |
If this is an individual account plan, was there a blackout period | 2009-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2009-12-31 | No |
Contributions received from participants | 2009-12-31 | $96,771,278 |
Participant contributions at end of year | 2009-12-31 | $50,987,952 |
Participant contributions at beginning of year | 2009-12-31 | $49,368,569 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2009-12-31 | $299 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2009-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2009-12-31 | $184,300 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2009-12-31 | $0 |
Administrative expenses (other) incurred | 2009-12-31 | $2,199,710 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2009-12-31 | No |
Value of net income/loss | 2009-12-31 | $340,718,160 |
Value of net assets at end of year (total assets less liabilities) | 2009-12-31 | $1,918,048,224 |
Value of net assets at beginning of year (total assets less liabilities) | 2009-12-31 | $1,577,330,064 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2009-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2009-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2009-12-31 | No |
Interest on participant loans | 2009-12-31 | $3,139,383 |
Value of interest in master investment trust accounts at end of year | 2009-12-31 | $1,865,572,363 |
Value of interest in master investment trust accounts at beginning of year | 2009-12-31 | $1,527,961,495 |
Value of interest in common/collective trusts at end of year | 2009-12-31 | $1,671,910 |
Value of interest in common/collective trusts at beginning of year | 2009-12-31 | $0 |
Net investment gain or loss from common/collective trusts | 2009-12-31 | $10,471 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2009-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2009-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2009-12-31 | No |
Contributions received in cash from employer | 2009-12-31 | $94,425,398 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2009-12-31 | $156,165,346 |
Did the plan have assets held for investment | 2009-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2009-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2009-12-31 | No |
Aggregate proceeds on sale of assets | 2009-12-31 | $30,893,255 |
Aggregate carrying amount (costs) on sale of assets | 2009-12-31 | $30,633,773 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2009-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2009-12-31 | Disclaimer |
Accountancy firm name | 2009-12-31 | DELOITTE & TOUCHE LLP |
Accountancy firm EIN | 2009-12-31 | 133891517 |