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RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 401k Plan overview

Plan NameRETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX
Plan identification number 002

RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 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).

401k Sponsoring company profile

BABCOCK & WILCOX TECHNICAL SERVICES PANTEX, LLC, KNOWN AS B&W PANTEX has sponsored the creation of one or more 401k plans.

Company Name:BABCOCK & WILCOX TECHNICAL SERVICES PANTEX, LLC, KNOWN AS B&W PANTEX
Employer identification number (EIN):621813174
NAIC Classification:339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022013-01-01CHARLOTTE WILSON
0022012-01-01PHIL WITT
0022011-01-01STEVEN LARSEN
0022010-01-01CATHY PROSSER
0022009-01-01CATHY PROSSER

Plan Statistics for RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX

401k plan membership statisitcs for RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX

Measure Date Value
2013: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 2013 401k membership
Total participants, beginning-of-year2013-01-012,462
Total number of active participants reported on line 7a of the Form 55002013-01-011,623
Number of retired or separated participants receiving benefits2013-01-01322
Number of other retired or separated participants entitled to future benefits2013-01-01205
Total of all active and inactive participants2013-01-012,150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-0113
Total participants2013-01-012,163
2012: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 2012 401k membership
Total participants, beginning-of-year2012-01-012,368
Total number of active participants reported on line 7a of the Form 55002012-01-011,190
Number of retired or separated participants receiving benefits2012-01-01568
Number of other retired or separated participants entitled to future benefits2012-01-01582
Total of all active and inactive participants2012-01-012,340
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-01122
Total participants2012-01-012,462
2011: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 2011 401k membership
Total participants, beginning-of-year2011-01-012,306
Total number of active participants reported on line 7a of the Form 55002011-01-011,107
Number of retired or separated participants receiving benefits2011-01-01563
Number of other retired or separated participants entitled to future benefits2011-01-01589
Total of all active and inactive participants2011-01-012,259
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-01109
Total participants2011-01-012,368
2010: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 2010 401k membership
Total participants, beginning-of-year2010-01-012,314
Total number of active participants reported on line 7a of the Form 55002010-01-011,060
Number of retired or separated participants receiving benefits2010-01-01551
Number of other retired or separated participants entitled to future benefits2010-01-01584
Total of all active and inactive participants2010-01-012,195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-01111
Total participants2010-01-012,306
2009: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 2009 401k membership
Total participants, beginning-of-year2009-01-012,278
Total number of active participants reported on line 7a of the Form 55002009-01-011,091
Number of retired or separated participants receiving benefits2009-01-01554
Number of other retired or separated participants entitled to future benefits2009-01-01569
Total of all active and inactive participants2009-01-012,214
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-01100
Total participants2009-01-012,314
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-016

Financial Data on RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX

Measure Date Value
2013 : RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
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$0
Total income from all sources (including contributions)2013-12-31$23,204,676
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$5,029,849
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$4,887,552
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$6,770,393
Value of total assets at end of year2013-12-31$150,589,732
Value of total assets at beginning of year2013-12-31$132,414,905
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$142,297
Total interest from all sources2013-12-31$0
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 year2013-12-31No
Administrative expenses professional fees incurred2013-12-31$40,634
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$10,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Administrative expenses (other) incurred2013-12-31$723
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$18,174,827
Value of net assets at end of year (total assets less liabilities)2013-12-31$150,589,732
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$132,414,905
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in master investment trust accounts at end of year2013-12-31$150,589,732
Value of interest in master investment trust accounts at beginning of year2013-12-31$132,412,855
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$6,770,393
Employer contributions (assets) at end of year2013-12-31$0
Employer contributions (assets) at beginning of year2013-12-31$2,050
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$4,887,552
Contract administrator fees2013-12-31$100,940
Did the plan have assets held for investment2013-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31MCCONNELL & JONES L.L.P.
Accountancy firm EIN2013-12-31760488832
2012 : RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$24,843,409
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$4,821,860
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$4,680,256
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$9,830,528
Value of total assets at end of year2012-12-31$132,414,905
Value of total assets at beginning of year2012-12-31$112,393,356
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$141,604
Total interest from all sources2012-12-31$0
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 year2012-12-31No
Administrative expenses professional fees incurred2012-12-31$40,685
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$10,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$20,021,549
Value of net assets at end of year (total assets less liabilities)2012-12-31$132,414,905
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$112,393,356
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in master investment trust accounts at end of year2012-12-31$132,412,855
Value of interest in master investment trust accounts at beginning of year2012-12-31$110,617,749
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$9,830,528
Employer contributions (assets) at end of year2012-12-31$2,050
Employer contributions (assets) at beginning of year2012-12-31$1,775,607
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$4,680,256
Contract administrator fees2012-12-31$100,919
Did the plan have assets held for investment2012-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31MCCONNELL & JONES L.L.P.
Accountancy firm EIN2012-12-31760488832
2011 : RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$11,529,846
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$4,532,519
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$4,390,732
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$7,474,753
Value of total assets at end of year2011-12-31$112,393,356
Value of total assets at beginning of year2011-12-31$105,396,029
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$141,787
Total interest from all sources2011-12-31$0
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 year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$41,271
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$10,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Administrative expenses (other) incurred2011-12-31$731
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$6,997,327
Value of net assets at end of year (total assets less liabilities)2011-12-31$112,393,356
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$105,396,029
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in master investment trust accounts at end of year2011-12-31$110,617,749
Value of interest in master investment trust accounts at beginning of year2011-12-31$103,449,451
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$7,474,753
Employer contributions (assets) at end of year2011-12-31$1,775,607
Employer contributions (assets) at beginning of year2011-12-31$1,946,578
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$4,390,732
Contract administrator fees2011-12-31$99,785
Did the plan have assets held for investment2011-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31MCCONNELL & JONES L.L.P.
Accountancy firm EIN2011-12-31760488832
2010 : RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$18,245,236
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$4,036,832
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$3,882,128
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$6,508,297
Value of total assets at end of year2010-12-31$105,396,029
Value of total assets at beginning of year2010-12-31$91,187,625
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$154,704
Total interest from all sources2010-12-31$0
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 year2010-12-31No
Administrative expenses professional fees incurred2010-12-31$53,611
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$10,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Administrative expenses (other) incurred2010-12-31$1,601
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$14,208,404
Value of net assets at end of year (total assets less liabilities)2010-12-31$105,396,029
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$91,187,625
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in master investment trust accounts at end of year2010-12-31$103,449,451
Value of interest in master investment trust accounts at beginning of year2010-12-31$91,187,625
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$6,508,297
Employer contributions (assets) at end of year2010-12-31$1,946,578
Employer contributions (assets) at beginning of year2010-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$3,882,128
Contract administrator fees2010-12-31$99,492
Did the plan have assets held for investment2010-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31MCCONNELL & JONES L.L.P.
Accountancy firm EIN2010-12-31760488832
2009 : RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 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 RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX

2013: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 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 planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 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 planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 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 planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE METAL TRADES COUNCIL OF B&W PANTEX 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 planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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