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BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN RETIREMENT PLAN 401k Plan overview

Plan NameBROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN RETIREMENT PLAN
Plan identification number 004

BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN RETIREMENT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.

401k Sponsoring company profile

BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN has sponsored the creation of one or more 401k plans.

Company Name:BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN
Employer identification number (EIN):346000349
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042020-04-01STEPHEN BRUNO2021-07-19 EDGAR PRUITT2021-07-20
0042019-04-01STEPHEN BRUNO2020-10-26 EDGAR PRUITT2020-10-26
0042017-04-01STEPHEN BRUNO2018-12-19 EDGAR PRUITT2018-12-28
0042016-04-01STEPHEN BRUNO2017-10-25 EDGAR PRUITT2017-10-25
0042015-04-01STEPHEN BRUNO2016-12-28 EDGAR PRUITT2016-12-28
0042013-04-01WILLIAM WALPERT2014-12-18 EDGAR PRUITT2014-12-19
0042012-04-01WILLIAM WALPERT2013-12-20 EDGAR PRUITT2013-12-19
0042011-04-01WILLIAM WALPERT2013-01-14 EDGAR PRUITT2013-01-14
0042010-04-01WILLIAM C. WALPERT2012-01-16 EDGAR LEE PRUITT2012-01-17

Plan Statistics for BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN RETIREMENT PLAN

401k plan membership statisitcs for BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN RETIREMENT PLAN

Measure Date Value
2020: BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN RETIREMENT PLAN 2020 401k membership
Market value of plan assets2020-03-315,721,044
Acturial value of plan assets2020-03-315,721,044
Funding target for retired participants and beneficiaries receiving payment2020-03-311,765,994
Number of terminated vested participants2020-03-3111
Fundng target for terminated vested participants2020-03-31949,369
Active participant vested funding target2020-03-314,419,311
Number of active participants2020-03-3141
Total funding liabilities for active participants2020-03-314,419,311
Total participant count2020-03-3165
Total funding target for all participants2020-03-317,134,674
Balance at beginning of prior year after applicable adjustments2020-03-310
Prefunding balance at beginning of prior year after applicable adjustments2020-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-03-310
Prefunding balanced used to offset prior years funding requirement2020-03-310
Amount remaining of carryover balance2020-03-310
Amount remaining of prefunding balance2020-03-310
Present value of excess contributions2020-03-31179,274
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-03-31189,403
Reductions in caryover balances due to elections or deemed elections2020-03-310
Reductions in prefunding balances due to elections or deemed elections2020-03-310
Balance of carryovers at beginning of current year2020-03-310
Balance of prefunding at beginning of current year2020-03-310
Total employer contributions2020-03-31653,949
Total employee contributions2020-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-03-310
Contributions made to avoid restrictions adjusted to valuation date2020-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-03-31618,732
Liquidity shortfalls end of Q12020-03-310
Liquidity shortfalls end of Q22020-03-310
Liquidity shortfalls end of Q32020-03-310
Liquidity shortfalls end of Q42020-03-310
Unpaid minimum required contributions for all prior years2020-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-03-310
Remaining amount of unpaid minimum required contributions2020-03-310
Minimum required contributions for current year target normal cost2020-03-310
Net shortfall amortization installment of oustanding balance2020-03-311,413,630
Total funding amount beforereflecting carryover/prefunding balances2020-03-31371,741
Additional cash requirement2020-03-31371,741
Contributions allocatedtoward minimum required contributions for current year2020-03-31618,732
Unpaid minimum required contributions for current year2020-03-310
Unpaid minimum required contributions for all years2020-03-310
2019: BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN RETIREMENT PLAN 2019 401k membership
Market value of plan assets2019-03-315,236,095
Acturial value of plan assets2019-03-315,236,095
Funding target for retired participants and beneficiaries receiving payment2019-03-311,563,930
Number of terminated vested participants2019-03-3111
Fundng target for terminated vested participants2019-03-31736,729
Active participant vested funding target2019-03-314,170,910
Number of active participants2019-03-3144
Total funding liabilities for active participants2019-03-314,239,554
Total participant count2019-03-3167
Total funding target for all participants2019-03-316,540,213
Balance at beginning of prior year after applicable adjustments2019-03-310
Prefunding balance at beginning of prior year after applicable adjustments2019-03-3154,088
Carryover balanced portion elected for use to offset prior years funding requirement2019-03-310
Prefunding balanced used to offset prior years funding requirement2019-03-310
Amount remaining of carryover balance2019-03-310
Amount remaining of prefunding balance2019-03-3154,088
Present value of excess contributions2019-03-31319,678
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-03-31338,123
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-03-31338,123
Reductions in prefunding balances due to elections or deemed elections2019-03-31394,542
Balance of carryovers at beginning of current year2019-03-310
Balance of prefunding at beginning of current year2019-03-310
Total employer contributions2019-03-31519,000
Total employee contributions2019-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-03-310
Contributions made to avoid restrictions adjusted to valuation date2019-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-03-31490,341
Liquidity shortfalls end of Q12019-03-310
Liquidity shortfalls end of Q22019-03-310
Liquidity shortfalls end of Q32019-03-310
Liquidity shortfalls end of Q42019-03-310
Unpaid minimum required contributions for all prior years2019-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-03-310
Remaining amount of unpaid minimum required contributions2019-03-310
Minimum required contributions for current year target normal cost2019-03-310
Net shortfall amortization installment of oustanding balance2019-03-311,304,118
Total funding amount beforereflecting carryover/prefunding balances2019-03-31311,067
Carryover balance elected to use to offset funding requirement2019-03-310
Prefunding balance elected to use to offset funding requirement2019-03-310
Additional cash requirement2019-03-31311,067
Contributions allocatedtoward minimum required contributions for current year2019-03-31490,341
Unpaid minimum required contributions for current year2019-03-310
Unpaid minimum required contributions for all years2019-03-310
2018: BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN RETIREMENT PLAN 2018 401k membership
Market value of plan assets2018-03-315,118,032
Acturial value of plan assets2018-03-315,118,032
Funding target for retired participants and beneficiaries receiving payment2018-03-311,444,493
Number of terminated vested participants2018-03-3113
Fundng target for terminated vested participants2018-03-31831,955
Active participant vested funding target2018-03-314,001,910
Number of active participants2018-03-3146
Total funding liabilities for active participants2018-03-314,053,482
Total participant count2018-03-3172
Total funding target for all participants2018-03-316,329,930
Balance at beginning of prior year after applicable adjustments2018-03-310
Prefunding balance at beginning of prior year after applicable adjustments2018-03-31284,164
Carryover balanced portion elected for use to offset prior years funding requirement2018-03-310
Prefunding balanced used to offset prior years funding requirement2018-03-310
Amount remaining of carryover balance2018-03-310
Amount remaining of prefunding balance2018-03-31284,164
Present value of excess contributions2018-03-3110,136
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-03-3110,740
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-03-3110,740
Reductions in prefunding balances due to elections or deemed elections2018-03-31250,563
Balance of carryovers at beginning of current year2018-03-310
Balance of prefunding at beginning of current year2018-03-3154,088
Total employer contributions2018-03-31625,000
Total employee contributions2018-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-03-310
Contributions made to avoid restrictions adjusted to valuation date2018-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-03-31589,000
Liquidity shortfalls end of Q12018-03-310
Liquidity shortfalls end of Q22018-03-310
Liquidity shortfalls end of Q32018-03-310
Liquidity shortfalls end of Q42018-03-310
Unpaid minimum required contributions for all prior years2018-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-03-310
Remaining amount of unpaid minimum required contributions2018-03-310
Minimum required contributions for current year target normal cost2018-03-310
Net shortfall amortization installment of oustanding balance2018-03-311,265,986
Waiver amortization installment2018-03-310
Total funding amount beforereflecting carryover/prefunding balances2018-03-31269,322
Carryover balance elected to use to offset funding requirement2018-03-310
Prefunding balance elected to use to offset funding requirement2018-03-310
Additional cash requirement2018-03-31269,322
Contributions allocatedtoward minimum required contributions for current year2018-03-31589,000
Unpaid minimum required contributions for current year2018-03-310
Unpaid minimum required contributions for all years2018-03-310
2017: BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN RETIREMENT PLAN 2017 401k membership
Market value of plan assets2017-03-315,068,028
Acturial value of plan assets2017-03-315,068,028
Funding target for retired participants and beneficiaries receiving payment2017-03-311,507,719
Number of terminated vested participants2017-03-3114
Fundng target for terminated vested participants2017-03-31832,333
Active participant vested funding target2017-03-313,573,027
Number of active participants2017-03-3146
Total funding liabilities for active participants2017-03-313,639,779
Total participant count2017-03-3175
Total funding target for all participants2017-03-315,979,831
Balance at beginning of prior year after applicable adjustments2017-03-310
Prefunding balance at beginning of prior year after applicable adjustments2017-03-31479,057
Carryover balanced portion elected for use to offset prior years funding requirement2017-03-310
Prefunding balanced used to offset prior years funding requirement2017-03-3126,639
Amount remaining of carryover balance2017-03-310
Amount remaining of prefunding balance2017-03-31452,418
Present value of excess contributions2017-03-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-03-310
Reductions in prefunding balances due to elections or deemed elections2017-03-31183,591
Balance of carryovers at beginning of current year2017-03-310
Balance of prefunding at beginning of current year2017-03-31284,164
Total employer contributions2017-03-31520,000
Total employee contributions2017-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-03-31499,962
Unpaid minimum required contributions for all prior years2017-03-310
Remaining amount of unpaid minimum required contributions2017-03-310
Minimum required contributions for current year target normal cost2017-03-31260,475
Net shortfall amortization installment of oustanding balance2017-03-311,195,966
Total funding amount beforereflecting carryover/prefunding balances2017-03-31489,826
Carryover balance elected to use to offset funding requirement2017-03-310
Prefunding balance elected to use to offset funding requirement2017-03-310
Additional cash requirement2017-03-31489,826
Contributions allocatedtoward minimum required contributions for current year2017-03-31499,962
Unpaid minimum required contributions for current year2017-03-310
Unpaid minimum required contributions for all years2017-03-310

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