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RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 401k Plan overview

Plan NameRETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC
Plan identification number 001

RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

LUFKIN INDUSTRIES, LLC. has sponsored the creation of one or more 401k plans.

Company Name:LUFKIN INDUSTRIES, LLC.
Employer identification number (EIN):750404410
NAIC Classification:333200

Additional information about LUFKIN INDUSTRIES, LLC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 2009-02-27
Company Identification Number: F178252
Legal Registered Office Address: 4701 COX ROAD, SUITE 285

GLEN ALLEN
United States of America (USA)
23060

More information about LUFKIN INDUSTRIES, LLC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01DANIEL O. WEBBER2023-10-11
0012021-01-01DANIEL O. WEBBER2022-10-13
0012020-01-01DANIEL O. WEBBER2021-10-14
0012019-01-01DANIEL O. WEBBER2020-10-14
0012019-01-01DANIEL O. WEBBER2020-10-14
0012018-01-01DANIEL O. WEBBER2019-10-14
0012017-01-01WADE EVANS BERNARD (CASEY) MAKEL2018-10-09
0012016-01-01PHIL PESEZ MELODY HAYES2017-10-13
0012015-01-01MELODY HAYES
0012014-01-01MELODY HAYES
0012013-01-01MELODY HAYES
0012012-01-01MARIA KHOURY
0012011-01-01CHRIS BOONE
0012009-01-01CHRIS BOONE

Plan Statistics for RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC

401k plan membership statisitcs for RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC

Measure Date Value
2022: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2022 401k membership
Market value of plan assets2022-12-31400,011,311
Acturial value of plan assets2022-12-31391,307,315
Funding target for retired participants and beneficiaries receiving payment2022-12-31183,052,838
Number of terminated vested participants2022-12-311,375
Fundng target for terminated vested participants2022-12-3163,051,237
Active participant vested funding target2022-12-3126,645,552
Number of active participants2022-12-31181
Total funding liabilities for active participants2022-12-3128,610,773
Total participant count2022-12-313,199
Total funding target for all participants2022-12-31274,714,848
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
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 year2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-312,400,000
Unpaid minimum required contributions for current year2022-12-310
Total participants, beginning-of-year2022-01-013,181
Total number of active participants reported on line 7a of the Form 55002022-01-01172
Number of retired or separated participants receiving benefits2022-01-011,298
Number of other retired or separated participants entitled to future benefits2022-01-011,238
Total of all active and inactive participants2022-01-012,708
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01348
Total participants2022-01-013,056
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2021 401k membership
Market value of plan assets2021-12-31403,753,913
Acturial value of plan assets2021-12-31363,378,522
Funding target for retired participants and beneficiaries receiving payment2021-12-31178,647,424
Number of terminated vested participants2021-12-311,442
Fundng target for terminated vested participants2021-12-3163,170,700
Active participant vested funding target2021-12-3127,862,614
Number of active participants2021-12-31184
Total funding liabilities for active participants2021-12-3130,251,559
Total participant count2021-12-313,258
Total funding target for all participants2021-12-31272,069,683
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-311,200,000
Unpaid minimum required contributions for current year2021-12-310
Total participants, beginning-of-year2021-01-013,242
Total number of active participants reported on line 7a of the Form 55002021-01-01181
Number of retired or separated participants receiving benefits2021-01-011,313
Number of other retired or separated participants entitled to future benefits2021-01-011,346
Total of all active and inactive participants2021-01-012,840
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-01341
Total participants2021-01-013,181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2020 401k membership
Market value of plan assets2020-12-31361,437,893
Acturial value of plan assets2020-12-31342,024,327
Funding target for retired participants and beneficiaries receiving payment2020-12-31178,644,949
Number of terminated vested participants2020-12-311,326
Fundng target for terminated vested participants2020-12-3154,100,457
Active participant vested funding target2020-12-3146,093,362
Number of active participants2020-12-31389
Total funding liabilities for active participants2020-12-3150,047,476
Total participant count2020-12-313,313
Total funding target for all participants2020-12-31282,792,882
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
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 year2020-12-310
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 cost2020-12-311,000,000
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-013,299
Total number of active participants reported on line 7a of the Form 55002020-01-01184
Number of retired or separated participants receiving benefits2020-01-011,320
Number of other retired or separated participants entitled to future benefits2020-01-011,421
Total of all active and inactive participants2020-01-012,925
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01317
Total participants2020-01-013,242
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2019 401k membership
Market value of plan assets2019-12-31316,259,266
Acturial value of plan assets2019-12-31330,944,409
Funding target for retired participants and beneficiaries receiving payment2019-12-31178,641,070
Number of terminated vested participants2019-12-311,331
Fundng target for terminated vested participants2019-12-3151,142,733
Active participant vested funding target2019-12-3149,526,150
Number of active participants2019-12-31461
Total funding liabilities for active participants2019-12-3154,721,852
Total participant count2019-12-313,396
Total funding target for all participants2019-12-31284,505,655
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
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
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-310
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 date2019-12-310
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 cost2019-12-311,125,000
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-013,466
Total number of active participants reported on line 7a of the Form 55002019-01-01389
Number of retired or separated participants receiving benefits2019-01-011,306
Number of other retired or separated participants entitled to future benefits2019-01-011,298
Total of all active and inactive participants2019-01-012,993
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-01306
Total participants2019-01-013,299
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-012
2018: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2018 401k membership
Market value of plan assets2018-12-31345,877,454
Acturial value of plan assets2018-12-31328,845,260
Funding target for retired participants and beneficiaries receiving payment2018-12-31170,325,029
Number of terminated vested participants2018-12-311,334
Fundng target for terminated vested participants2018-12-3146,898,199
Active participant vested funding target2018-12-3150,821,039
Number of active participants2018-12-31540
Total funding liabilities for active participants2018-12-3154,433,067
Total participant count2018-12-313,408
Total funding target for all participants2018-12-31271,656,295
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
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 year2018-12-310
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 date2018-12-310
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 cost2018-12-312,870,977
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-013,398
Total number of active participants reported on line 7a of the Form 55002018-01-01540
Number of retired or separated participants receiving benefits2018-01-011,282
Number of other retired or separated participants entitled to future benefits2018-01-011,311
Total of all active and inactive participants2018-01-013,133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-01333
Total participants2018-01-013,466
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-013
2017: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2017 401k membership
Market value of plan assets2017-12-31317,247,805
Acturial value of plan assets2017-12-31320,984,461
Funding target for retired participants and beneficiaries receiving payment2017-12-31156,195,658
Number of terminated vested participants2017-12-311,432
Fundng target for terminated vested participants2017-12-3154,684,521
Active participant vested funding target2017-12-3143,472,551
Number of active participants2017-12-31585
Total funding liabilities for active participants2017-12-3146,752,127
Total participant count2017-12-313,521
Total funding target for all participants2017-12-31257,632,306
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-3132,983,584
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3134,995,583
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-310
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-315,319,002
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-013,509
Total number of active participants reported on line 7a of the Form 55002017-01-01540
Number of retired or separated participants receiving benefits2017-01-011,216
Number of other retired or separated participants entitled to future benefits2017-01-011,322
Total of all active and inactive participants2017-01-013,078
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-01320
Total participants2017-01-013,398
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-016
2016: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2016 401k membership
Market value of plan assets2016-12-31279,990,291
Acturial value of plan assets2016-12-31291,192,843
Funding target for retired participants and beneficiaries receiving payment2016-12-31133,397,069
Number of terminated vested participants2016-12-311,377
Fundng target for terminated vested participants2016-12-3149,199,065
Active participant vested funding target2016-12-3155,498,457
Number of active participants2016-12-311,002
Total funding liabilities for active participants2016-12-3160,455,495
Total participant count2016-12-313,775
Total funding target for all participants2016-12-31243,051,629
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 contributions2016-12-3132,856,324
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3134,922,987
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-3135,041,372
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 date2016-12-3132,983,584
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 cost2016-12-316,037,166
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-3132,983,584
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-013,759
Total number of active participants reported on line 7a of the Form 55002016-01-01585
Number of retired or separated participants receiving benefits2016-01-011,198
Number of other retired or separated participants entitled to future benefits2016-01-011,429
Total of all active and inactive participants2016-01-013,212
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-01297
Total participants2016-01-013,509
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-019
2015: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2015 401k membership
Total participants, beginning-of-year2015-01-013,851
Total number of active participants reported on line 7a of the Form 55002015-01-011,002
Number of retired or separated participants receiving benefits2015-01-011,100
Number of other retired or separated participants entitled to future benefits2015-01-011,371
Total of all active and inactive participants2015-01-013,473
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-01286
Total participants2015-01-013,759
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0147
2014: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2014 401k membership
Total participants, beginning-of-year2014-01-013,954
Total number of active participants reported on line 7a of the Form 55002014-01-011,854
Number of retired or separated participants receiving benefits2014-01-011,083
Number of other retired or separated participants entitled to future benefits2014-01-01609
Total of all active and inactive participants2014-01-013,546
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-01305
Total participants2014-01-013,851
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0190
2013: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2013 401k membership
Total participants, beginning-of-year2013-01-014,192
Total number of active participants reported on line 7a of the Form 55002013-01-012,024
Number of retired or separated participants receiving benefits2013-01-011,058
Number of other retired or separated participants entitled to future benefits2013-01-01565
Total of all active and inactive participants2013-01-013,647
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-01307
Total participants2013-01-013,954
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-01173
2012: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2012 401k membership
Total participants, beginning-of-year2012-01-013,951
Total number of active participants reported on line 7a of the Form 55002012-01-012,289
Number of retired or separated participants receiving benefits2012-01-011,025
Number of other retired or separated participants entitled to future benefits2012-01-01575
Total of all active and inactive participants2012-01-013,889
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-01303
Total participants2012-01-014,192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-01124
2011: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2011 401k membership
Total participants, beginning-of-year2011-01-013,753
Total number of active participants reported on line 7a of the Form 55002011-01-012,089
Number of retired or separated participants receiving benefits2011-01-01999
Number of other retired or separated participants entitled to future benefits2011-01-01555
Total of all active and inactive participants2011-01-013,643
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-01308
Total participants2011-01-013,951
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0183
2009: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2009 401k membership
Total participants, beginning-of-year2009-01-013,939
Total number of active participants reported on line 7a of the Form 55002009-01-011,658
Number of retired or separated participants receiving benefits2009-01-01868
Number of other retired or separated participants entitled to future benefits2009-01-01639
Total of all active and inactive participants2009-01-013,165
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-01276
Total participants2009-01-013,441
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-01480

Financial Data on RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC

Measure Date Value
2022 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-78,997,494
Total of all expenses incurred2022-12-31$26,369,644
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$23,234,227
Value of total assets at end of year2022-12-31$294,644,173
Value of total assets at beginning of year2022-12-31$400,011,311
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$3,135,417
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$337,100
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$10,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Administrative expenses (other) incurred2022-12-31$365,439
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-105,367,138
Value of net assets at end of year (total assets less liabilities)2022-12-31$294,644,173
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$400,011,311
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$249,311
Value of interest in master investment trust accounts at end of year2022-12-31$294,644,173
Value of interest in master investment trust accounts at beginning of year2022-12-31$400,011,311
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31Yes
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$23,234,227
Contract administrator fees2022-12-31$2,183,567
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
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 name2022-12-31WEAVER & TIDWELL, LLP
Accountancy firm EIN2022-12-31750786316
2021 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$14,253,353
Total of all expenses incurred2021-12-31$17,995,955
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$17,002,046
Value of total assets at end of year2021-12-31$400,011,311
Value of total assets at beginning of year2021-12-31$403,753,913
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$993,909
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$71,262
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$10,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Administrative expenses (other) incurred2021-12-31$278,827
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-3,742,602
Value of net assets at end of year (total assets less liabilities)2021-12-31$400,011,311
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$403,753,913
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
Value of interest in master investment trust accounts at end of year2021-12-31$400,011,311
Value of interest in master investment trust accounts at beginning of year2021-12-31$403,753,913
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31Yes
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$17,002,046
Contract administrator fees2021-12-31$643,820
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
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 name2021-12-31WEAVER & TIDWELL, LLP
Accountancy firm EIN2021-12-31750786316
2020 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$60,186,989
Total of all expenses incurred2020-12-31$17,870,969
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$16,708,404
Value of total assets at end of year2020-12-31$403,753,913
Value of total assets at beginning of year2020-12-31$361,437,893
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$1,162,565
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$35,625
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$90,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
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$273,816
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$42,316,020
Value of net assets at end of year (total assets less liabilities)2020-12-31$403,753,913
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$361,437,893
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
Value of interest in master investment trust accounts at end of year2020-12-31$403,753,913
Value of interest in master investment trust accounts at beginning of year2020-12-31$361,437,893
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$16,708,404
Contract administrator fees2020-12-31$853,124
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
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 name2020-12-31WEAVER AND TIDWELL, LLP
Accountancy firm EIN2020-12-31750786316
2019 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$63,218,258
Total income from all sources (including contributions)2019-12-31$63,218,258
Total of all expenses incurred2019-12-31$18,039,631
Total of all expenses incurred2019-12-31$18,039,631
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$16,572,525
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$16,572,525
Value of total assets at end of year2019-12-31$361,437,893
Value of total assets at end of year2019-12-31$361,437,893
Value of total assets at beginning of year2019-12-31$316,259,266
Value of total assets at beginning of year2019-12-31$316,259,266
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,467,106
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,467,106
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
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$37,545
Administrative expenses professional fees incurred2019-12-31$37,545
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$90,000,000
Value of fidelity bond cover2019-12-31$90,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
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$834,446
Administrative expenses (other) incurred2019-12-31$834,446
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
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$45,178,627
Value of net income/loss2019-12-31$45,178,627
Value of net assets at end of year (total assets less liabilities)2019-12-31$361,437,893
Value of net assets at end of year (total assets less liabilities)2019-12-31$361,437,893
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$316,259,266
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$316,259,266
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
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 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
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$47,713
Investment advisory and management fees2019-12-31$47,713
Value of interest in master investment trust accounts at end of year2019-12-31$361,437,893
Value of interest in master investment trust accounts at end of year2019-12-31$361,437,893
Value of interest in master investment trust accounts at beginning of year2019-12-31$316,259,266
Value of interest in master investment trust accounts at beginning of year2019-12-31$316,259,266
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
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
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
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$16,572,525
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$16,572,525
Contract administrator fees2019-12-31$547,402
Contract administrator fees2019-12-31$547,402
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Did the plan have assets held for investment2019-12-31No
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
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)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31WEAVER AND TIDWELL, LLP
Accountancy firm name2019-12-31WEAVER AND TIDWELL, LLP
Accountancy firm EIN2019-12-31750786316
Accountancy firm EIN2019-12-31750786316
2018 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2018 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$24,967
Total income from all sources (including contributions)2018-12-31$-11,434,220
Total of all expenses incurred2018-12-31$18,159,001
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$15,909,950
Value of total assets at end of year2018-12-31$316,259,266
Value of total assets at beginning of year2018-12-31$345,877,454
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$2,249,051
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$33,000
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$90,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
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
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$24,967
Other income not declared elsewhere2018-12-31$25,454
Administrative expenses (other) incurred2018-12-31$1,972,857
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-29,593,221
Value of net assets at end of year (total assets less liabilities)2018-12-31$316,259,266
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$345,852,487
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
Value of interest in master investment trust accounts at end of year2018-12-31$316,259,266
Value of interest in master investment trust accounts at beginning of year2018-12-31$345,877,454
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
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$15,909,950
Contract administrator fees2018-12-31$243,194
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
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)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31WEAVER AND TIDWELL, LLP
Accountancy firm EIN2018-12-31750786316
2017 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$24,967
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$44,473,214
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$16,166,615
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$15,619,963
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$0
Value of total assets at end of year2017-12-31$345,877,454
Value of total assets at beginning of year2017-12-31$317,545,888
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$546,652
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$301,435
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$90,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$24,967
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$0
Administrative expenses (other) incurred2017-12-31$245,217
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$28,306,599
Value of net assets at end of year (total assets less liabilities)2017-12-31$345,852,487
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$317,545,888
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in master investment trust accounts at end of year2017-12-31$345,877,454
Value of interest in master investment trust accounts at beginning of year2017-12-31$284,545,888
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Employer contributions (assets) at end of year2017-12-31$0
Employer contributions (assets) at beginning of year2017-12-31$33,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$15,619,963
Did the plan have assets held for investment2017-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31KPMG LLP
Accountancy firm EIN2017-12-31135565207
2016 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$195,182
Total income from all sources (including contributions)2016-12-31$54,631,801
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$17,207,305
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$15,397,591
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$35,041,372
Value of total assets at end of year2016-12-31$317,545,888
Value of total assets at beginning of year2016-12-31$280,316,574
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,809,714
Total interest from all sources2016-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Administrative expenses professional fees incurred2016-12-31$1,107,237
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$90,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$195,182
Administrative expenses (other) incurred2016-12-31$702,477
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$37,424,496
Value of net assets at end of year (total assets less liabilities)2016-12-31$317,545,888
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$280,121,392
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in master investment trust accounts at end of year2016-12-31$284,545,888
Value of interest in master investment trust accounts at beginning of year2016-12-31$245,316,574
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$35,041,372
Employer contributions (assets) at end of year2016-12-31$33,000,000
Employer contributions (assets) at beginning of year2016-12-31$35,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$15,397,591
Did the plan have assets held for investment2016-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31KPMG LLP
Accountancy firm EIN2016-12-31135565207
2015 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$195,182
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$125,211
Total income from all sources (including contributions)2015-12-31$37,772,329
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$15,943,517
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$14,028,507
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$35,000,000
Value of total assets at end of year2015-12-31$280,316,574
Value of total assets at beginning of year2015-12-31$258,417,791
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$1,915,010
Total interest from all sources2015-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$1,145,457
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$90,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$195,182
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$125,211
Administrative expenses (other) incurred2015-12-31$769,553
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$21,828,812
Value of net assets at end of year (total assets less liabilities)2015-12-31$280,121,392
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$258,292,580
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in master investment trust accounts at end of year2015-12-31$245,316,574
Value of interest in master investment trust accounts at beginning of year2015-12-31$248,168,523
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$249,268
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$249,268
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$35,000,000
Employer contributions (assets) at end of year2015-12-31$35,000,000
Employer contributions (assets) at beginning of year2015-12-31$10,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$14,028,507
Did the plan have assets held for investment2015-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31KPMG LLP
Accountancy firm EIN2015-12-31135565207
2014 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$125,211
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$531,499
Total income from all sources (including contributions)2014-12-31$21,214,049
Total loss/gain on sale of assets2014-12-31$6,083,044
Total of all expenses incurred2014-12-31$13,039,651
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$11,179,435
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$10,000,000
Value of total assets at end of year2014-12-31$258,417,791
Value of total assets at beginning of year2014-12-31$250,649,681
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$1,860,216
Total interest from all sources2014-12-31$1,133,580
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$2,916,831
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$433,852
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$10,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Assets. Other investments not covered elsewhere at end of year2014-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$17,063,390
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$495,983
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$125,211
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$531,499
Other income not declared elsewhere2014-12-31$14,958,026
Administrative expenses (other) incurred2014-12-31$1,029,880
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$8,174,398
Value of net assets at end of year (total assets less liabilities)2014-12-31$258,292,580
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$250,118,182
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$396,484
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$21,013,777
Income. Interest from loans (other than to participants)2014-12-31$215,820
Interest earned on other investments2014-12-31$1,655
Income. Interest from US Government securities2014-12-31$227,118
Income. Interest from corporate debt instruments2014-12-31$682,148
Value of interest in master investment trust accounts at end of year2014-12-31$248,168,523
Value of interest in master investment trust accounts at beginning of year2014-12-31$0
Value of interest in common/collective trusts at end of year2014-12-31$0
Value of interest in common/collective trusts at beginning of year2014-12-31$73,834,441
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$249,268
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$2,324,082
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$2,324,082
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$6,839
Asset value of US Government securities at end of year2014-12-31$0
Asset value of US Government securities at beginning of year2014-12-31$18,054,226
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$945,766
Net investment gain or loss from common/collective trusts2014-12-31$-13,016,511
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$10,000,000
Employer contributions (assets) at end of year2014-12-31$10,000,000
Employer contributions (assets) at beginning of year2014-12-31$10,000,000
Income. Dividends from preferred stock2014-12-31$2,347,787
Income. Dividends from common stock2014-12-31$569,044
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$11,179,435
Asset. Corporate debt instrument debt (other) at end of year2014-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2014-12-31$23,105,796
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$84,757,986
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$6,083,044
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31KPMG LLP
Accountancy firm EIN2014-12-31135565207
2013 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$30,401,558
Total unrealized appreciation/depreciation of assets2013-12-31$30,401,558
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$587,411
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$411,042
Total income from all sources (including contributions)2013-12-31$38,837,389
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$13,150,929
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$11,400,319
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$10,000,000
Value of total assets at end of year2013-12-31$239,034,736
Value of total assets at beginning of year2013-12-31$213,171,907
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$1,750,610
Total interest from all sources2013-12-31$1,345,086
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$1,820,025
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$422,006
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$10,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
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
Assets. Other investments not covered elsewhere at end of year2013-12-31$16,865,123
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$20,766,039
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$551,894
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$699,827
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$587,411
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$411,042
Other income not declared elsewhere2013-12-31$16,620
Administrative expenses (other) incurred2013-12-31$632,621
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$25,686,460
Value of net assets at end of year (total assets less liabilities)2013-12-31$238,447,325
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$212,760,865
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
Investment advisory and management fees2013-12-31$695,983
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$21,013,777
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$18,787,710
Interest earned on other investments2013-12-31$1,345,086
Value of interest in common/collective trusts at end of year2013-12-31$72,517,873
Value of interest in common/collective trusts at beginning of year2013-12-31$47,854,591
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$2,324,082
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$7,217,827
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$7,217,827
Asset value of US Government securities at end of year2013-12-31$18,054,226
Asset value of US Government securities at beginning of year2013-12-31$19,608,166
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$3,011,067
Net investment gain/loss from pooled separate accounts2013-12-31$1,380,568
Net investment gain or loss from common/collective trusts2013-12-31$862,465
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31Yes
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$10,000,000
Employer contributions (assets) at end of year2013-12-31$10,000,000
Employer contributions (assets) at beginning of year2013-12-31$0
Income. Dividends from common stock2013-12-31$1,820,025
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$11,400,319
Asset. Corporate debt instrument debt (other) at end of year2013-12-31$23,105,796
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$22,980,805
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$84,601,965
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$75,256,942
Did the plan have assets held for investment2013-12-31Yes
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 name2013-12-31AXLEY & RODE, LLP
Accountancy firm EIN2013-12-31750767305
2012 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$12,786,174
Total unrealized appreciation/depreciation of assets2012-12-31$12,786,174
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$411,042
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$109,236
Total income from all sources (including contributions)2012-12-31$34,925,872
Total of all expenses incurred2012-12-31$12,012,990
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$10,820,156
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$15,649,920
Value of total assets at end of year2012-12-31$213,171,907
Value of total assets at beginning of year2012-12-31$189,957,219
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$1,192,834
Total interest from all sources2012-12-31$1,494,524
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$2,197,407
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$229,666
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Assets. Other investments not covered elsewhere at end of year2012-12-31$20,766,039
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$19,675,628
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$699,827
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$467,084
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$411,042
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$109,236
Other income not declared elsewhere2012-12-31$14,544
Administrative expenses (other) incurred2012-12-31$436,229
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$22,912,882
Value of net assets at end of year (total assets less liabilities)2012-12-31$212,760,865
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$189,847,983
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
Investment advisory and management fees2012-12-31$526,939
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$18,787,710
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$8,464,586
Interest earned on other investments2012-12-31$1,494,524
Value of interest in common/collective trusts at end of year2012-12-31$47,854,591
Value of interest in common/collective trusts at beginning of year2012-12-31$44,029,232
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$7,217,827
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$3,193,908
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$3,193,908
Asset value of US Government securities at end of year2012-12-31$19,608,166
Asset value of US Government securities at beginning of year2012-12-31$23,164,235
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$1,623,124
Net investment gain/loss from pooled separate accounts2012-12-31$460,362
Net investment gain or loss from common/collective trusts2012-12-31$699,817
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
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$15,649,920
Income. Dividends from common stock2012-12-31$2,197,407
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$10,820,156
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$22,980,805
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$20,697,928
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$75,256,942
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$70,264,618
Did the plan have assets held for investment2012-12-31Yes
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
Aggregate proceeds on sale of assets2012-12-31$98,433,310
Aggregate carrying amount (costs) on sale of assets2012-12-31$98,433,310
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31AXLEY & RODE, LLP
Accountancy firm EIN2012-12-31750767305
2011 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-1,269,503
Total unrealized appreciation/depreciation of assets2011-12-31$-1,269,503
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$109,236
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$114,315
Total income from all sources (including contributions)2011-12-31$263,396
Total of all expenses incurred2011-12-31$11,836,386
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$10,763,763
Value of total assets at end of year2011-12-31$189,957,219
Value of total assets at beginning of year2011-12-31$201,535,288
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$1,072,623
Total interest from all sources2011-12-31$1,763,790
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$2,255,378
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$226,273
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Assets. Other investments not covered elsewhere at end of year2011-12-31$19,675,628
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$9,485,946
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$467,084
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$1,800,735
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$109,236
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$114,315
Other income not declared elsewhere2011-12-31$20,359
Administrative expenses (other) incurred2011-12-31$274,025
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-11,572,990
Value of net assets at end of year (total assets less liabilities)2011-12-31$189,847,983
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$201,420,973
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
Investment advisory and management fees2011-12-31$572,325
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$8,464,586
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$11,426,482
Interest earned on other investments2011-12-31$1,763,790
Value of interest in common/collective trusts at end of year2011-12-31$44,029,232
Value of interest in common/collective trusts at beginning of year2011-12-31$49,575,610
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$3,193,908
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$6,096,412
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$6,096,412
Asset value of US Government securities at end of year2011-12-31$23,164,235
Asset value of US Government securities at beginning of year2011-12-31$30,443,406
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-1,758,676
Net investment gain/loss from pooled separate accounts2011-12-31$-463,067
Net investment gain or loss from common/collective trusts2011-12-31$-284,885
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
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
Income. Dividends from common stock2011-12-31$2,255,378
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$10,763,763
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$20,697,928
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$17,081,679
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$70,264,618
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$75,625,018
Did the plan have assets held for investment2011-12-31Yes
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
Aggregate proceeds on sale of assets2011-12-31$75,375,429
Aggregate carrying amount (costs) on sale of assets2011-12-31$75,375,429
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 name2011-12-31AXLEY & RODE, LLP
Accountancy firm EIN2011-12-31750767305
2010 : RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$10,697,145
Total unrealized appreciation/depreciation of assets2010-12-31$10,697,145
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$114,315
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$160,696
Total income from all sources (including contributions)2010-12-31$20,282,441
Total of all expenses incurred2010-12-31$10,521,360
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$9,403,591
Value of total assets at end of year2010-12-31$201,535,288
Value of total assets at beginning of year2010-12-31$191,820,588
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$1,117,769
Total interest from all sources2010-12-31$2,448,908
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$1,841,821
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$277,107
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$10,000,000
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Assets. Other investments not covered elsewhere at end of year2010-12-31$9,485,946
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$8,892,050
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$1,800,735
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$714,219
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$114,315
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$160,696
Other income not declared elsewhere2010-12-31$25,809
Administrative expenses (other) incurred2010-12-31$307,903
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$9,761,081
Value of net assets at end of year (total assets less liabilities)2010-12-31$201,420,973
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$191,659,892
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
Investment advisory and management fees2010-12-31$532,759
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$11,426,482
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$10,823,455
Interest earned on other investments2010-12-31$2,448,908
Value of interest in common/collective trusts at end of year2010-12-31$49,575,610
Value of interest in common/collective trusts at beginning of year2010-12-31$46,698,631
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$6,096,412
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$2,306,282
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$2,306,282
Asset value of US Government securities at end of year2010-12-31$30,443,406
Asset value of US Government securities at beginning of year2010-12-31$31,767,497
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$2,198,717
Net investment gain or loss from common/collective trusts2010-12-31$3,070,041
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
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
Income. Dividends from common stock2010-12-31$1,841,821
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$9,403,591
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$17,081,679
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$21,556,047
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$75,625,018
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$69,062,407
Did the plan have assets held for investment2010-12-31Yes
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
Aggregate proceeds on sale of assets2010-12-31$24,222,489
Aggregate carrying amount (costs) on sale of assets2010-12-31$24,222,489
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 name2010-12-31AXLEY & RODE, LLP
Accountancy firm EIN2010-12-31750767305

Form 5500 Responses for RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC

2022: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 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 filingNo
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: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 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: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 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: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedYes
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: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: RETIREMENT PLAN FOR EMPLOYEES OF LUFKIN INDUSTRIES, INC 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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