SEARS HOLDINGS CORPORATION has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2017: SEARS HOLDINGS PENSION PLAN 2 2017 401k membership |
|---|
| Market value of plan assets | 2017-11-30 | 1,942,083,337 |
| Acturial value of plan assets | 2017-11-30 | 1,942,083,337 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-11-30 | 1,482,647,128 |
| Number of terminated vested participants | 2017-11-30 | 31,769 |
| Fundng target for terminated vested participants | 2017-11-30 | 335,782,873 |
| Active participant vested funding target | 2017-11-30 | 134,293,226 |
| Number of active participants | 2017-11-30 | 14,442 |
| Total funding liabilities for active participants | 2017-11-30 | 145,392,916 |
| Total participant count | 2017-11-30 | 147,300 |
| Total funding target for all participants | 2017-11-30 | 1,963,822,917 |
| Amount remaining of carryover balance | 2017-11-30 | 0 |
| Amount remaining of prefunding balance | 2017-11-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-11-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2017-11-30 | 0 |
| Balance of carryovers at beginning of current year | 2017-11-30 | 0 |
| Balance of prefunding at beginning of current year | 2017-11-30 | 0 |
| Total employer contributions | 2017-11-30 | 92,626,989 |
| Total employee contributions | 2017-11-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-11-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-11-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-11-30 | 87,016,321 |
| Liquidity shortfalls end of Q1 | 2017-11-30 | 0 |
| Liquidity shortfalls end of Q2 | 2017-11-30 | 0 |
| Liquidity shortfalls end of Q3 | 2017-11-30 | 0 |
| Liquidity shortfalls end of Q4 | 2017-11-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2017-11-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-11-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-11-30 | 0 |
| Minimum required contributions for current year target normal cost | 2017-11-30 | 28,300,000 |
| Net shortfall amortization installment of oustanding balance | 2017-11-30 | 21,739,580 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-11-30 | 35,312,663 |
| Additional cash requirement | 2017-11-30 | 35,312,663 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-11-30 | 87,016,321 |
| Unpaid minimum required contributions for current year | 2017-11-30 | 0 |
| Unpaid minimum required contributions for all years | 2017-11-30 | 0 |
| 2016: SEARS HOLDINGS PENSION PLAN 2 2016 401k membership |
|---|
| Total participants, beginning-of-year | 2016-12-01 | 147,300 |
| Total number of active participants reported on line 7a of the Form 5500 | 2016-12-01 | 10,139 |
| Number of retired or separated participants receiving benefits | 2016-12-01 | 25,916 |
| Number of other retired or separated participants entitled to future benefits | 2016-12-01 | 16,188 |
| Total of all active and inactive participants | 2016-12-01 | 52,243 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-12-01 | 9,935 |
| Total participants | 2016-12-01 | 62,178 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-12-01 | 118 |
| Measure | Date | Value |
|---|
| 2017 : SEARS HOLDINGS PENSION PLAN 2 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-11-30 | $0 |
| Total transfer of assets to this plan | 2017-11-30 | $1,947,906,123 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-11-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-11-30 | $0 |
| Total income from all sources (including contributions) | 2017-11-30 | $217,213,257 |
| Total loss/gain on sale of assets | 2017-11-30 | $0 |
| Total of all expenses incurred | 2017-11-30 | $1,386,412,186 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-11-30 | $1,386,412,186 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-11-30 | $92,626,989 |
| Value of total assets at end of year | 2017-11-30 | $778,707,194 |
| Value of total assets at beginning of year | 2017-11-30 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-11-30 | $0 |
| Total interest from all sources | 2017-11-30 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-11-30 | $0 |
| Was this plan covered by a fidelity bond | 2017-11-30 | Yes |
| Value of fidelity bond cover | 2017-11-30 | $20,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-11-30 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-11-30 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-11-30 | No |
| Value of net income/loss | 2017-11-30 | $-1,169,198,929 |
| Value of net assets at end of year (total assets less liabilities) | 2017-11-30 | $778,707,194 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-11-30 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-11-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-11-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-11-30 | No |
| Value of interest in master investment trust accounts at end of year | 2017-11-30 | $778,707,194 |
| Value of interest in master investment trust accounts at beginning of year | 2017-11-30 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-11-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-11-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-11-30 | No |
| Contributions received in cash from employer | 2017-11-30 | $92,626,989 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-11-30 | $1,386,412,186 |
| Did the plan have assets held for investment | 2017-11-30 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-11-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-11-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-11-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-11-30 | Disclaimer |
| Accountancy firm name | 2017-11-30 | DELOITTE & TOUCHE LLP |
| Accountancy firm EIN | 2017-11-30 | 133891517 |
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