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SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 401k Plan overview

Plan NameSALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES
Plan identification number 002

SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 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 SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01

Plan Statistics for SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES

401k plan membership statisitcs for SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES

Measure Date Value
2022: SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 2022 401k membership
Market value of plan assets2022-12-311,315,953,234
Acturial value of plan assets2022-12-311,248,960,414
Funding target for retired participants and beneficiaries receiving payment2022-12-31651,050,426
Number of terminated vested participants2022-12-31507
Fundng target for terminated vested participants2022-12-3143,106,833
Active participant vested funding target2022-12-31330,503,461
Number of active participants2022-12-311,004
Total funding liabilities for active participants2022-12-31353,085,170
Total participant count2022-12-313,361
Total funding target for all participants2022-12-311,047,242,429
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31105,705,167
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-3118,941,503
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-3186,763,664
Present value of excess contributions2022-12-3124,569,852
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3126,673,900
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-3126,673,900
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 year2022-12-31122,018,490
Total employer contributions2022-12-3125,000,000
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 date2022-12-3123,155,520
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 cost2022-12-3127,142,440
Net shortfall amortization installment of oustanding balance2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-3123,155,520
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-013,361
Total number of active participants reported on line 7a of the Form 55002022-01-01909
Number of retired or separated participants receiving benefits2022-01-011,713
Number of other retired or separated participants entitled to future benefits2022-01-01488
Total of all active and inactive participants2022-01-013,110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01226
Total participants2022-01-013,336
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 2021 401k membership
Market value of plan assets2021-12-311,232,027,953
Acturial value of plan assets2021-12-311,111,859,581
Funding target for retired participants and beneficiaries receiving payment2021-12-31616,085,450
Number of terminated vested participants2021-12-31511
Fundng target for terminated vested participants2021-12-3141,044,079
Active participant vested funding target2021-12-31320,139,859
Number of active participants2021-12-311,065
Total funding liabilities for active participants2021-12-31341,576,804
Total participant count2021-12-313,370
Total funding target for all participants2021-12-31998,706,333
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3163,264,825
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-3110,393,927
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-3152,870,898
Present value of excess contributions2021-12-3142,326,969
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3145,902,912
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-3145,902,912
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-311,950,954
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-31105,705,167
Total employer contributions2021-12-3126,900,000
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 date2021-12-3124,569,852
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-3124,438,630
Net shortfall amortization installment of oustanding balance2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3116,990,549
Prefunding balance elected to use to offset funding requirement2021-12-3118,941,503
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-3124,569,852
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-013,370
Total number of active participants reported on line 7a of the Form 55002021-01-011,004
Number of retired or separated participants receiving benefits2021-01-011,654
Number of other retired or separated participants entitled to future benefits2021-01-01492
Total of all active and inactive participants2021-01-013,150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-01211
Total participants2021-01-013,361
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 2020 401k membership
Market value of plan assets2020-12-311,056,012,757
Acturial value of plan assets2020-12-311,011,411,374
Funding target for retired participants and beneficiaries receiving payment2020-12-31582,561,133
Number of terminated vested participants2020-12-31525
Fundng target for terminated vested participants2020-12-3141,625,207
Active participant vested funding target2020-12-31313,214,519
Number of active participants2020-12-311,135
Total funding liabilities for active participants2020-12-31334,936,172
Total participant count2020-12-313,387
Total funding target for all participants2020-12-31959,122,512
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3163,896,380
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-3112,056,963
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-3151,839,417
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 year2020-12-3163,264,825
Total employer contributions2020-12-3160,900,000
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 date2020-12-3158,068,134
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 cost2020-12-3125,104,595
Net shortfall amortization installment of oustanding balance2020-12-3110,975,963
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3126,135,092
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-3110,393,927
Additional cash requirement2020-12-3115,741,165
Contributions allocatedtoward minimum required contributions for current year2020-12-3158,068,134
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-013,386
Total number of active participants reported on line 7a of the Form 55002020-01-011,065
Number of retired or separated participants receiving benefits2020-01-011,616
Number of other retired or separated participants entitled to future benefits2020-01-01502
Total of all active and inactive participants2020-01-013,183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01187
Total participants2020-01-013,370
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 2019 401k membership
Market value of plan assets2019-12-31888,513,040
Acturial value of plan assets2019-12-31945,072,872
Funding target for retired participants and beneficiaries receiving payment2019-12-31555,602,160
Number of terminated vested participants2019-12-31544
Fundng target for terminated vested participants2019-12-3144,496,540
Active participant vested funding target2019-12-31328,758,826
Number of active participants2019-12-311,215
Total funding liabilities for active participants2019-12-31352,624,601
Total participant count2019-12-313,404
Total funding target for all participants2019-12-31952,723,301
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3188,686,669
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-3118,808,738
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-3169,877,931
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
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 year2019-12-3163,896,380
Total employer contributions2019-12-3130,100,000
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 date2019-12-3129,518,742
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3127,328,768
Net shortfall amortization installment of oustanding balance2019-12-3171,546,809
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3141,575,705
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-3112,056,963
Additional cash requirement2019-12-3129,518,742
Contributions allocatedtoward minimum required contributions for current year2019-12-3129,518,742
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-013,404
Total number of active participants reported on line 7a of the Form 55002019-01-011,135
Number of retired or separated participants receiving benefits2019-01-011,566
Number of other retired or separated participants entitled to future benefits2019-01-01515
Total of all active and inactive participants2019-01-013,216
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-01170
Total participants2019-01-013,386
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 2018 401k membership
Market value of plan assets2018-12-311,001,870,175
Acturial value of plan assets2018-12-31915,355,686
Funding target for retired participants and beneficiaries receiving payment2018-12-31506,099,350
Number of terminated vested participants2018-12-31574
Fundng target for terminated vested participants2018-12-3144,221,832
Active participant vested funding target2018-12-31329,880,426
Number of active participants2018-12-311,303
Total funding liabilities for active participants2018-12-31354,804,783
Total participant count2018-12-313,437
Total funding target for all participants2018-12-31905,125,965
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3187,933,667
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-3114,759,848
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-3173,173,819
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 year2018-12-3188,686,669
Total employer contributions2018-12-3123,600,000
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 date2018-12-3122,971,928
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 cost2018-12-3128,039,213
Net shortfall amortization installment of oustanding balance2018-12-3178,456,948
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3141,780,666
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-3118,808,738
Additional cash requirement2018-12-3122,971,928
Contributions allocatedtoward minimum required contributions for current year2018-12-3122,971,928
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-013,437
Total number of active participants reported on line 7a of the Form 55002018-01-011,215
Number of retired or separated participants receiving benefits2018-01-011,499
Number of other retired or separated participants entitled to future benefits2018-01-01534
Total of all active and inactive participants2018-01-013,248
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-01156
Total participants2018-01-013,404
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

Financial Data on SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES

Measure Date Value
2022 : SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$3,586
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$898,868
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$342,584
Total income from all sources (including contributions)2022-12-31$-262,985,319
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$69,069,745
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$64,089,751
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$25,000,000
Value of total assets at end of year2022-12-31$985,414,701
Value of total assets at beginning of year2022-12-31$1,316,909,895
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$4,979,994
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$1,282,771
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$2,335,162
Liabilities. Value of operating payables at end of year2022-12-31$898,868
Liabilities. Value of operating payables at beginning of year2022-12-31$342,584
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-332,055,064
Value of net assets at end of year (total assets less liabilities)2022-12-31$984,515,833
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$1,316,567,311
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$1,362,061
Value of interest in master investment trust accounts at end of year2022-12-31$960,414,701
Value of interest in master investment trust accounts at beginning of year2022-12-31$1,290,009,895
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$25,000,000
Employer contributions (assets) at end of year2022-12-31$25,000,000
Employer contributions (assets) at beginning of year2022-12-31$26,900,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$64,089,751
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 : SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$5,184
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$342,584
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$1,152,415
Total income from all sources (including contributions)2021-12-31$148,851,061
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$63,766,618
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$60,162,905
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$26,900,000
Value of total assets at end of year2021-12-31$1,316,909,895
Value of total assets at beginning of year2021-12-31$1,232,630,099
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$3,603,713
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$541,681
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$405,885
Liabilities. Value of operating payables at end of year2021-12-31$342,584
Liabilities. Value of operating payables at beginning of year2021-12-31$1,152,415
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$85,084,443
Value of net assets at end of year (total assets less liabilities)2021-12-31$1,316,567,311
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$1,231,477,684
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$2,656,147
Value of interest in master investment trust accounts at end of year2021-12-31$1,290,009,895
Value of interest in master investment trust accounts at beginning of year2021-12-31$1,202,130,099
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$26,900,000
Employer contributions (assets) at end of year2021-12-31$26,900,000
Employer contributions (assets) at beginning of year2021-12-31$30,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$60,162,905
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 : SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$157,502
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$1,152,415
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$1,032,836
Total income from all sources (including contributions)2020-12-31$239,625,873
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$63,285,657
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$57,435,334
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$60,900,000
Value of total assets at end of year2020-12-31$1,232,630,099
Value of total assets at beginning of year2020-12-31$1,056,012,802
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$5,850,323
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$572,759
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$2,181,405
Liabilities. Value of operating payables at end of year2020-12-31$1,152,415
Liabilities. Value of operating payables at beginning of year2020-12-31$1,032,836
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$176,340,216
Value of net assets at end of year (total assets less liabilities)2020-12-31$1,231,477,684
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$1,054,979,966
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$3,096,159
Value of interest in master investment trust accounts at end of year2020-12-31$1,202,130,099
Value of interest in master investment trust accounts at beginning of year2020-12-31$1,056,012,802
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$60,900,000
Employer contributions (assets) at end of year2020-12-31$30,500,000
Employer contributions (assets) at beginning of year2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$57,435,334
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 : SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$55,810
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$1,032,836
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$870,455
Total income from all sources (including contributions)2019-12-31$227,241,008
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$59,959,494
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$54,180,197
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$30,100,000
Value of total assets at end of year2019-12-31$1,056,012,802
Value of total assets at beginning of year2019-12-31$888,513,097
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$5,779,297
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$353,858
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$2,399,444
Liabilities. Value of operating payables at end of year2019-12-31$1,032,836
Liabilities. Value of operating payables at beginning of year2019-12-31$870,455
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$167,281,514
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,054,979,966
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$887,642,642
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$3,025,995
Value of interest in master investment trust accounts at end of year2019-12-31$1,056,012,802
Value of interest in master investment trust accounts at beginning of year2019-12-31$888,513,097
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$30,100,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$54,180,197
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 : SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets from this plan2018-12-31$215,030
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$870,455
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$811,928
Total income from all sources (including contributions)2018-12-31$-57,131,036
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$56,069,538
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$50,128,255
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$23,600,000
Value of total assets at end of year2018-12-31$888,513,097
Value of total assets at beginning of year2018-12-31$1,001,870,174
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$5,941,283
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$360,412
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$2,399,153
Liabilities. Value of operating payables at end of year2018-12-31$870,455
Liabilities. Value of operating payables at beginning of year2018-12-31$811,928
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-113,200,574
Value of net assets at end of year (total assets less liabilities)2018-12-31$887,642,642
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$1,001,058,246
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$3,181,718
Value of interest in master investment trust accounts at end of year2018-12-31$888,513,097
Value of interest in master investment trust accounts at beginning of year2018-12-31$1,001,870,174
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$23,600,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$50,128,255
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 SALARIED EMPLOYEE PENSION PLAN FOR KAPL EMPLOYEES AND RETIREES

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

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