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SPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B 401k Plan overview

Plan NameSPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B
Plan identification number 003

SPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B 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)
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

SPIRIT AEROSYSTEMS HOLDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SPIRIT AEROSYSTEMS HOLDINGS, INC.
Employer identification number (EIN):202436320
NAIC Classification:336410

Additional information about SPIRIT AEROSYSTEMS HOLDINGS, INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 3922535

More information about SPIRIT AEROSYSTEMS HOLDINGS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01CLAY A. HEIDEL2024-10-14
0032022-01-01
0032022-01-01CLAY A. HEIDEL
0032021-10-01
0032021-10-01CLAY A. HEIDEL

Financial Data on SPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B

Measure Date Value
2025 : SPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-0920313
Net assets as of the end of the plan year2025-10-090
Total assets as of the beginning of the plan year2025-10-0920313
Value of plan covered by a fidelity bond2025-10-0915000000
Other expenses paid from plan in this plan year2025-10-0920313
Other income to plan in this plan year2025-10-090
Plan net income in this plan year2025-10-09-20313
Net assets as of the end of the plan year2025-10-090
Net assets as of the beginning of the plan year2025-10-0920313
2024 : SPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-1479516
Net assets as of the end of the plan year2024-10-1420313
Total assets as of the beginning of the plan year2024-10-1496830
Value of plan covered by a fidelity bond2024-10-1415000000
Other income to plan in this plan year2024-10-142999
Plan net income in this plan year2024-10-14-76517
Net assets as of the end of the plan year2024-10-1420313
Net assets as of the beginning of the plan year2024-10-1496830
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-1479516
2022 : SPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$0
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$0
Total transfer of assets from this plan2022-12-31$25,039,369
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-2,935,020
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$26,406,522
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$23,320,542
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$0
Value of total assets at end of year2022-12-31$96,830
Value of total assets at beginning of year2022-12-31$54,477,741
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$3,085,980
Total interest from all sources2022-12-31$-423
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2022-12-31$34,000,000
Administrative expenses professional fees incurred2022-12-31$520,321
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$15,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-12-31$-529,761
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$338
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$930
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$0
Administrative expenses (other) incurred2022-12-31$2,556,702
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-29,341,542
Value of net assets at end of year (total assets less liabilities)2022-12-31$96,830
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$54,477,741
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$8,957
Interest earned on other investments2022-12-31$0
Value of interest in common/collective trusts at end of year2022-12-31$96,492
Value of interest in common/collective trusts at beginning of year2022-12-31$54,476,811
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$-423
Net investment gain or loss from common/collective trusts2022-12-31$-2,934,597
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
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$23,850,303
Contract administrator fees2022-12-31$0
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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 name2022-12-31ALLEN, GIBBS, & HOULIK, LC
Accountancy firm EIN2022-12-31481032601
Unrealized appreciation/depreciation of other (non real estate) assets2022-01-01$0
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total transfer of assets to this plan2022-01-01$0
Total transfer of assets from this plan2022-01-01$25,039,369
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total income from all sources (including contributions)2022-01-01$-2,935,020
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$26,406,522
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$23,320,542
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$0
Value of total assets at end of year2022-01-01$96,830
Value of total assets at beginning of year2022-01-01$54,477,741
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$3,085,980
Total interest from all sources2022-01-01$-423
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2022-01-01$34,000,000
Administrative expenses professional fees incurred2022-01-01$520,321
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$15,000,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-01-01$-529,761
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-01-01$338
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-01-01$930
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-01-01$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-01-01$0
Administrative expenses (other) incurred2022-01-01$2,556,702
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-29,341,542
Value of net assets at end of year (total assets less liabilities)2022-01-01$96,830
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$54,477,741
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$8,957
Interest earned on other investments2022-01-01$0
Value of interest in common/collective trusts at end of year2022-01-01$96,492
Value of interest in common/collective trusts at beginning of year2022-01-01$54,476,811
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-01-01$-423
Net investment gain or loss from common/collective trusts2022-01-01$-2,934,597
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$23,850,303
Contract administrator fees2022-01-01$0
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01ALLEN, GIBBS, & HOULIK, LC
Accountancy firm EIN2022-01-01481032601
2021 : SPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$-9,099,635
Total unrealized appreciation/depreciation of assets2021-12-31$-9,099,635
Total transfer of assets to this plan2021-12-31$280,000,656
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$1,190,810
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$226,713,725
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$226,693,463
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$0
Value of total assets at end of year2021-12-31$54,477,741
Value of total assets at beginning of year2021-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$20,262
Total interest from all sources2021-12-31$30,553
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2021-12-31$0
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$15,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$930
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-225,522,915
Value of net assets at end of year (total assets less liabilities)2021-12-31$54,477,741
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$0
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
Investment advisory and management fees2021-12-31$20,262
Interest earned on other investments2021-12-31$30,553
Value of interest in common/collective trusts at end of year2021-12-31$54,476,811
Value of interest in common/collective trusts at beginning of year2021-12-31$0
Net investment gain or loss from common/collective trusts2021-12-31$10,259,892
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
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$226,693,463
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party 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 name2021-12-31ALLEN, GIBBS, & HOULIK, LC
Accountancy firm EIN2021-12-31481032601

Form 5500 Responses for SPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B

2022: SPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SPIRIT AEROSYSTEMS HOLDINGS, INC. PENSION VALUE PLAN B 2021 form 5500 responses
2021-10-01Type of plan entitySingle employer plan
2021-10-01First time form 5500 has been submittedYes
2021-10-01Submission has been amendedNo
2021-10-01This submission is the final filingNo
2021-10-01This return/report is a short plan year return/report (less than 12 months)Yes
2021-10-01Plan is a collectively bargained planYes
2021-10-01Plan funding arrangement – TrustYes
2021-10-01Plan benefit arrangement - TrustYes

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