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OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 401k Plan overview

Plan NameOPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN
Plan identification number 001

OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

BD OF TRT OPER. ENGIN. LOCAL 66 AFL CIO & CONS IND. COMB FDS, INC. ERP has sponsored the creation of one or more 401k plans.

Company Name:BD OF TRT OPER. ENGIN. LOCAL 66 AFL CIO & CONS IND. COMB FDS, INC. ERP
Employer identification number (EIN):251217335
NAIC Classification:525100
NAIC Description: Insurance and Employee Benefit Funds

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01
0012015-01-01
0012014-01-01M. SCOTT ANDERSON
0012013-01-01M. SCOTT ANDERSON
0012012-01-01M. SCOTT ANDERSON
0012011-01-01M. SCOTT ANDERSON
0012009-01-01ROBERT T. JACK

Plan Statistics for OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN

401k plan membership statisitcs for OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN

Measure Date Value
2016: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2016 401k membership
Market value of plan assets2016-12-311,693,284
Acturial value of plan assets2016-12-311,693,284
Funding target for retired participants and beneficiaries receiving payment2016-12-31872,016
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-31712,125
Number of active participants2016-12-318
Total funding liabilities for active participants2016-12-31712,125
Total participant count2016-12-3112
Total funding target for all participants2016-12-311,584,141
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-310
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-310
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-0112
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0112
Total number of active participants reported on line 7a of the Form 55002015-01-018
Number of retired or separated participants receiving benefits2015-01-013
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0113
Total number of active participants reported on line 7a of the Form 55002014-01-018
Number of retired or separated participants receiving benefits2014-01-013
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-0112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0114
Total number of active participants reported on line 7a of the Form 55002013-01-018
Number of retired or separated participants receiving benefits2013-01-014
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0114
Total number of active participants reported on line 7a of the Form 55002012-01-0110
Number of retired or separated participants receiving benefits2012-01-013
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0115
Total number of active participants reported on line 7a of the Form 55002011-01-0111
Number of retired or separated participants receiving benefits2011-01-013
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0115
Total number of active participants reported on line 7a of the Form 55002009-01-0112
Number of retired or separated participants receiving benefits2009-01-013
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0115

Financial Data on OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN

Measure Date Value
2016 : OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$-1,675,168
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$2,040
Total income from all sources2016-12-31$61,013
Expenses. Total of all expenses incurred2016-12-31$79,129
Benefits paid (including direct rollovers)2016-12-31$70,011
Total plan assets at end of year2016-12-31$0
Total plan assets at beginning of year2016-12-31$1,695,324
Value of fidelity bond covering the plan2016-12-31$500,000
Expenses. Other expenses not covered elsewhere2016-12-31$9,118
Other income received2016-12-31$61,013
Net income (gross income less expenses)2016-12-31$-18,116
Net plan assets at end of year (total assets less liabilities)2016-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,693,284
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2015 401k financial data
Total plan liabilities at end of year2015-12-31$2,040
Total plan liabilities at beginning of year2015-12-31$2,026
Total income from all sources2015-12-31$-44,226
Expenses. Total of all expenses incurred2015-12-31$79,598
Benefits paid (including direct rollovers)2015-12-31$70,011
Total plan assets at end of year2015-12-31$1,695,324
Total plan assets at beginning of year2015-12-31$1,819,134
Value of fidelity bond covering the plan2015-12-31$500,000
Expenses. Other expenses not covered elsewhere2015-12-31$9,587
Other income received2015-12-31$-44,226
Net income (gross income less expenses)2015-12-31$-123,824
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,693,284
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,817,108
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-31$2,026
Total plan liabilities at beginning of year2014-12-31$2,075
Total income from all sources2014-12-31$114,512
Expenses. Total of all expenses incurred2014-12-31$84,340
Benefits paid (including direct rollovers)2014-12-31$74,442
Total plan assets at end of year2014-12-31$1,819,134
Total plan assets at beginning of year2014-12-31$1,789,011
Value of fidelity bond covering the plan2014-12-31$500,000
Expenses. Other expenses not covered elsewhere2014-12-31$9,898
Other income received2014-12-31$92,512
Net income (gross income less expenses)2014-12-31$30,172
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,817,108
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,786,936
Total contributions received or receivable from employer(s)2014-12-31$22,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2013 401k financial data
Total plan liabilities at end of year2013-12-31$2,075
Total plan liabilities at beginning of year2013-12-31$2,075
Total income from all sources2013-12-31$360,595
Expenses. Total of all expenses incurred2013-12-31$465,146
Benefits paid (including direct rollovers)2013-12-31$455,553
Total plan assets at end of year2013-12-31$1,789,011
Total plan assets at beginning of year2013-12-31$1,893,562
Value of fidelity bond covering the plan2013-12-31$500,000
Expenses. Other expenses not covered elsewhere2013-12-31$9,593
Other income received2013-12-31$228,595
Net income (gross income less expenses)2013-12-31$-104,551
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,786,936
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,891,487
Total contributions received or receivable from employer(s)2013-12-31$132,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$2,075
Total plan liabilities at beginning of year2012-12-31$1,933
Total income from all sources2012-12-31$273,186
Expenses. Total of all expenses incurred2012-12-31$72,379
Benefits paid (including direct rollovers)2012-12-31$62,926
Total plan assets at end of year2012-12-31$1,893,562
Total plan assets at beginning of year2012-12-31$1,692,613
Value of fidelity bond covering the plan2012-12-31$500,000
Expenses. Other expenses not covered elsewhere2012-12-31$9,453
Other income received2012-12-31$141,186
Net income (gross income less expenses)2012-12-31$200,807
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,891,487
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,690,680
Total contributions received or receivable from employer(s)2012-12-31$132,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$1,933
Total plan liabilities at beginning of year2011-12-31$1,671
Total income from all sources2011-12-31$121,819
Expenses. Total of all expenses incurred2011-12-31$55,415
Benefits paid (including direct rollovers)2011-12-31$46,165
Total plan assets at end of year2011-12-31$1,692,613
Total plan assets at beginning of year2011-12-31$1,625,947
Value of fidelity bond covering the plan2011-12-31$500,000
Expenses. Other expenses not covered elsewhere2011-12-31$9,250
Other income received2011-12-31$-10,181
Net income (gross income less expenses)2011-12-31$66,404
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,690,680
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,624,276
Total contributions received or receivable from employer(s)2011-12-31$132,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$1,671
Total plan liabilities at beginning of year2010-12-31$1,512
Total income from all sources2010-12-31$233,877
Expenses. Total of all expenses incurred2010-12-31$42,089
Benefits paid (including direct rollovers)2010-12-31$34,127
Total plan assets at end of year2010-12-31$1,625,947
Total plan assets at beginning of year2010-12-31$1,434,000
Value of fidelity bond covering the plan2010-12-31$500,000
Expenses. Other expenses not covered elsewhere2010-12-31$7,962
Other income received2010-12-31$146,877
Net income (gross income less expenses)2010-12-31$191,788
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,624,276
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,432,488
Total contributions received or receivable from employer(s)2010-12-31$87,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN

2016: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: OPERATING ENGINEERS LOCAL 66 AFL CIO & CONSTRUCT. COMBINED FUNDS, INC. EMPLOYEE RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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