J. RAY MCDERMOTT HOLDINGS, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MCDERMOTT (U.S.) RETIREMENT PLAN
Measure | Date | Value |
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2022: MCDERMOTT (U.S.) RETIREMENT PLAN 2022 401k membership |
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Market value of plan assets | 2022-12-31 | 491,717,099 |
Acturial value of plan assets | 2022-12-31 | 491,717,099 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 413,664,562 |
Number of terminated vested participants | 2022-12-31 | 509 |
Fundng target for terminated vested participants | 2022-12-31 | 33,998,400 |
Active participant vested funding target | 2022-12-31 | 9,411,901 |
Number of active participants | 2022-12-31 | 59 |
Total funding liabilities for active participants | 2022-12-31 | 9,416,446 |
Total participant count | 2022-12-31 | 4,185 |
Total funding target for all participants | 2022-12-31 | 457,079,408 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 6,422,328 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
Amount remaining of carryover balance | 2022-12-31 | 0 |
Amount remaining of prefunding balance | 2022-12-31 | 6,422,328 |
Present value of excess contributions | 2022-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
Balance of prefunding at beginning of current year | 2022-12-31 | 6,441,595 |
Total employer contributions | 2022-12-31 | 0 |
Total employee contributions | 2022-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 900,000 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
Waiver amortization installment | 2022-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Additional cash requirement | 2022-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
Total participants, beginning-of-year | 2022-01-01 | 4,185 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 12 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 2,562 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 199 |
Total of all active and inactive participants | 2022-01-01 | 2,773 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 1,053 |
Total participants | 2022-01-01 | 3,826 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: MCDERMOTT (U.S.) RETIREMENT PLAN 2021 401k membership |
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Market value of plan assets | 2021-12-31 | 517,954,888 |
Acturial value of plan assets | 2021-12-31 | 517,954,888 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 445,937,928 |
Number of terminated vested participants | 2021-12-31 | 521 |
Fundng target for terminated vested participants | 2021-12-31 | 39,392,855 |
Active participant vested funding target | 2021-12-31 | 11,396,246 |
Number of active participants | 2021-12-31 | 67 |
Total funding liabilities for active participants | 2021-12-31 | 11,402,037 |
Total participant count | 2021-12-31 | 4,158 |
Total funding target for all participants | 2021-12-31 | 496,732,820 |
Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 10,414,085 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 4,847,362 |
Amount remaining of carryover balance | 2021-12-31 | 0 |
Amount remaining of prefunding balance | 2021-12-31 | 5,566,723 |
Present value of excess contributions | 2021-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
Balance of prefunding at beginning of current year | 2021-12-31 | 6,422,328 |
Total employer contributions | 2021-12-31 | 0 |
Total employee contributions | 2021-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2021-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 700,000 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 0 |
Waiver amortization installment | 2021-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Additional cash requirement | 2021-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
Total participants, beginning-of-year | 2021-01-01 | 4,158 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 59 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 2,642 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 483 |
Total of all active and inactive participants | 2021-01-01 | 3,184 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 1,001 |
Total participants | 2021-01-01 | 4,185 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2020: MCDERMOTT (U.S.) RETIREMENT PLAN 2020 401k membership |
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Market value of plan assets | 2020-12-31 | 481,496,209 |
Acturial value of plan assets | 2020-12-31 | 481,496,209 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 434,336,731 |
Number of terminated vested participants | 2020-12-31 | 564 |
Fundng target for terminated vested participants | 2020-12-31 | 38,815,150 |
Active participant vested funding target | 2020-12-31 | 11,762,956 |
Number of active participants | 2020-12-31 | 75 |
Total funding liabilities for active participants | 2020-12-31 | 11,777,591 |
Total participant count | 2020-12-31 | 4,293 |
Total funding target for all participants | 2020-12-31 | 484,929,472 |
Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 15,465,262 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 6,666,610 |
Amount remaining of carryover balance | 2020-12-31 | 0 |
Amount remaining of prefunding balance | 2020-12-31 | 8,798,652 |
Present value of excess contributions | 2020-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
Balance of carryovers at beginning of current year | 2020-12-31 | 0 |
Balance of prefunding at beginning of current year | 2020-12-31 | 10,414,085 |
Total employer contributions | 2020-12-31 | 0 |
Total employee contributions | 2020-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2020-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-12-31 | 700,000 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 13,847,348 |
Waiver amortization installment | 2020-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 4,847,362 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 4,847,362 |
Additional cash requirement | 2020-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
Total participants, beginning-of-year | 2020-01-01 | 4,293 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 67 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 2,639 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 482 |
Total of all active and inactive participants | 2020-01-01 | 3,188 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 970 |
Total participants | 2020-01-01 | 4,158 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
2019: MCDERMOTT (U.S.) RETIREMENT PLAN 2019 401k membership |
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Market value of plan assets | 2019-12-31 | 439,801,455 |
Acturial value of plan assets | 2019-12-31 | 439,801,455 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 404,703,494 |
Number of terminated vested participants | 2019-12-31 | 608 |
Fundng target for terminated vested participants | 2019-12-31 | 35,480,105 |
Active participant vested funding target | 2019-12-31 | 10,737,671 |
Number of active participants | 2019-12-31 | 77 |
Total funding liabilities for active participants | 2019-12-31 | 10,806,344 |
Total participant count | 2019-12-31 | 4,384 |
Total funding target for all participants | 2019-12-31 | 450,989,943 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 19,602,464 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 3,425,412 |
Amount remaining of carryover balance | 2019-12-31 | 0 |
Amount remaining of prefunding balance | 2019-12-31 | 16,177,052 |
Present value of excess contributions | 2019-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
Balance of prefunding at beginning of current year | 2019-12-31 | 15,465,262 |
Total employer contributions | 2019-12-31 | 0 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2019-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 1,200,000 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 26,653,750 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 6,666,610 |
Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 6,666,610 |
Additional cash requirement | 2019-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
Total participants, beginning-of-year | 2019-01-01 | 4,384 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 75 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 2,721 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 522 |
Total of all active and inactive participants | 2019-01-01 | 3,318 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 975 |
Total participants | 2019-01-01 | 4,293 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
2018: MCDERMOTT (U.S.) RETIREMENT PLAN 2018 401k membership |
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Market value of plan assets | 2018-12-31 | 496,831,537 |
Acturial value of plan assets | 2018-12-31 | 496,831,537 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 429,620,961 |
Number of terminated vested participants | 2018-12-31 | 668 |
Fundng target for terminated vested participants | 2018-12-31 | 42,696,144 |
Active participant vested funding target | 2018-12-31 | 12,420,240 |
Number of active participants | 2018-12-31 | 79 |
Total funding liabilities for active participants | 2018-12-31 | 12,483,017 |
Total participant count | 2018-12-31 | 4,548 |
Total funding target for all participants | 2018-12-31 | 484,800,122 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 22,471,029 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 4,731,243 |
Amount remaining of carryover balance | 2018-12-31 | 0 |
Amount remaining of prefunding balance | 2018-12-31 | 17,739,786 |
Present value of excess contributions | 2018-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
Balance of prefunding at beginning of current year | 2018-12-31 | 19,602,464 |
Total employer contributions | 2018-12-31 | 0 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2018-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 1,300,000 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 7,571,049 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 3,425,412 |
Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 3,425,412 |
Additional cash requirement | 2018-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
Total participants, beginning-of-year | 2018-01-01 | 4,478 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 77 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 2,782 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 567 |
Total of all active and inactive participants | 2018-01-01 | 3,426 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 958 |
Total participants | 2018-01-01 | 4,384 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 0 |
2017: MCDERMOTT (U.S.) RETIREMENT PLAN 2017 401k membership |
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Market value of plan assets | 2017-12-31 | 484,960,539 |
Acturial value of plan assets | 2017-12-31 | 484,960,539 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 425,972,427 |
Number of terminated vested participants | 2017-12-31 | 727 |
Fundng target for terminated vested participants | 2017-12-31 | 44,251,459 |
Active participant vested funding target | 2017-12-31 | 12,748,342 |
Number of active participants | 2017-12-31 | 89 |
Total funding liabilities for active participants | 2017-12-31 | 12,864,579 |
Total participant count | 2017-12-31 | 4,643 |
Total funding target for all participants | 2017-12-31 | 483,088,465 |
Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 25,735,221 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 4,512,111 |
Amount remaining of carryover balance | 2017-12-31 | 0 |
Amount remaining of prefunding balance | 2017-12-31 | 21,223,110 |
Present value of excess contributions | 2017-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
Balance of prefunding at beginning of current year | 2017-12-31 | 22,471,029 |
Total employer contributions | 2017-12-31 | 0 |
Total employee contributions | 2017-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2017-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2017-12-31 | 1,100,000 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 20,598,955 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 4,731,243 |
Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 4,731,243 |
Additional cash requirement | 2017-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
Total participants, beginning-of-year | 2017-01-01 | 4,571 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 79 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 2,853 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 617 |
Total of all active and inactive participants | 2017-01-01 | 3,549 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 929 |
Total participants | 2017-01-01 | 4,478 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
2016: MCDERMOTT (U.S.) RETIREMENT PLAN 2016 401k membership |
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Market value of plan assets | 2016-12-31 | 494,145,306 |
Acturial value of plan assets | 2016-12-31 | 494,145,306 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 425,328,479 |
Number of terminated vested participants | 2016-12-31 | 767 |
Fundng target for terminated vested participants | 2016-12-31 | 46,170,556 |
Active participant vested funding target | 2016-12-31 | 20,322,451 |
Number of active participants | 2016-12-31 | 146 |
Total funding liabilities for active participants | 2016-12-31 | 20,540,920 |
Total participant count | 2016-12-31 | 4,750 |
Total funding target for all participants | 2016-12-31 | 492,039,955 |
Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 26,754,570 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 0 |
Amount remaining of carryover balance | 2016-12-31 | 0 |
Amount remaining of prefunding balance | 2016-12-31 | 26,754,570 |
Present value of excess contributions | 2016-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 0 |
Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
Balance of prefunding at beginning of current year | 2016-12-31 | 25,735,221 |
Total employer contributions | 2016-12-31 | 0 |
Total employee contributions | 2016-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2016-12-31 | 900,000 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 23,629,870 |
Waived amount of outstanding balance | 2016-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 4,512,111 |
Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 4,512,111 |
Additional cash requirement | 2016-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
Total participants, beginning-of-year | 2016-01-01 | 4,680 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 89 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 2,904 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 674 |
Total of all active and inactive participants | 2016-01-01 | 3,667 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 904 |
Total participants | 2016-01-01 | 4,571 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
2015: MCDERMOTT (U.S.) RETIREMENT PLAN 2015 401k membership |
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Total participants, beginning-of-year | 2015-01-01 | 4,762 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 146 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 2,932 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 698 |
Total of all active and inactive participants | 2015-01-01 | 3,776 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 904 |
Total participants | 2015-01-01 | 4,680 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 0 |
2014: MCDERMOTT (U.S.) RETIREMENT PLAN 2014 401k membership |
---|
Total participants, beginning-of-year | 2014-01-01 | 6,132 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 202 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 2,940 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 766 |
Total of all active and inactive participants | 2014-01-01 | 3,908 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 854 |
Total participants | 2014-01-01 | 4,762 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 0 |
2013: MCDERMOTT (U.S.) RETIREMENT PLAN 2013 401k membership |
---|
Total participants, beginning-of-year | 2013-01-01 | 6,224 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 325 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 2,845 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 2,122 |
Total of all active and inactive participants | 2013-01-01 | 5,292 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 840 |
Total participants | 2013-01-01 | 6,132 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 0 |
2012: MCDERMOTT (U.S.) RETIREMENT PLAN 2012 401k membership |
---|
Total participants, beginning-of-year | 2012-01-01 | 6,285 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 566 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 2,791 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 2,086 |
Total of all active and inactive participants | 2012-01-01 | 5,443 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 781 |
Total participants | 2012-01-01 | 6,224 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 1 |
2011: MCDERMOTT (U.S.) RETIREMENT PLAN 2011 401k membership |
---|
Total participants, beginning-of-year | 2011-01-01 | 6,348 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 594 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 2,756 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 2,212 |
Total of all active and inactive participants | 2011-01-01 | 5,562 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 723 |
Total participants | 2011-01-01 | 6,285 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 0 |
2010: MCDERMOTT (U.S.) RETIREMENT PLAN 2010 401k membership |
---|
Total participants, beginning-of-year | 2010-01-01 | 2,925 |
Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 609 |
Number of retired or separated participants receiving benefits | 2010-01-01 | 2,693 |
Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 2,322 |
Total of all active and inactive participants | 2010-01-01 | 5,624 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 724 |
Total participants | 2010-01-01 | 6,348 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 0 |
2009: MCDERMOTT (U.S.) RETIREMENT PLAN 2009 401k membership |
---|
Total participants, beginning-of-year | 2009-01-01 | 2,933 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 643 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 827 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 1,350 |
Total of all active and inactive participants | 2009-01-01 | 2,820 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 105 |
Total participants | 2009-01-01 | 2,925 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 0 |
Measure | Date | Value |
---|
2022 : MCDERMOTT (U.S.) RETIREMENT PLAN 2022 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-90,796,945 |
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-90,796,945 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $811,287 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $3,768,540 |
Total income from all sources (including contributions) | 2022-12-31 | $-68,074,877 |
Total loss/gain on sale of assets | 2022-12-31 | $12,039,101 |
Total of all expenses incurred | 2022-12-31 | $56,614,438 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $55,588,922 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $0 |
Value of total assets at end of year | 2022-12-31 | $365,820,056 |
Value of total assets at beginning of year | 2022-12-31 | $493,466,624 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,025,516 |
Total interest from all sources | 2022-12-31 | $11,291,303 |
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 year | 2022-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2022-12-31 | $0 |
Administrative expenses professional fees incurred | 2022-12-31 | $446,625 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $7,281,226 |
Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $10,224,348 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $3,182,892 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $9,056,857 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $811,287 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $1,771,108 |
Other income not declared elsewhere | 2022-12-31 | $141,441 |
Administrative expenses (other) incurred | 2022-12-31 | $375,492 |
Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $1,997,432 |
Total non interest bearing cash at end of year | 2022-12-31 | $632,276 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $632,233 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-124,689,315 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $365,008,769 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $489,698,084 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $203,399 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $22,299,946 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $77,913,800 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $3,922,033 |
Interest earned on other investments | 2022-12-31 | $435,865 |
Income. Interest from US Government securities | 2022-12-31 | $4,750,149 |
Income. Interest from corporate debt instruments | 2022-12-31 | $6,109,098 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $175,225 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $-163,447 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $-163,447 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $-3,809 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $571,554 |
Asset value of US Government securities at end of year | 2022-12-31 | $211,061,054 |
Asset value of US Government securities at beginning of year | 2022-12-31 | $240,721,286 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $632,189 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,381,966 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $55,588,922 |
Asset. Corporate debt instrument preferred debt at end of year | 2022-12-31 | $59,280,793 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2022-12-31 | $77,030,143 |
Asset. Corporate debt instrument debt (other) at end of year | 2022-12-31 | $57,413,057 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2022-12-31 | $78,051,403 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $1 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Aggregate proceeds on sale of assets | 2022-12-31 | $138,833,435 |
Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $126,794,334 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | CALVETTI FERGUSON |
Accountancy firm EIN | 2022-12-31 | 134255527 |
2021 : MCDERMOTT (U.S.) RETIREMENT PLAN 2021 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $-12,274,233 |
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $-12,274,233 |
Total transfer of assets to this plan | 2021-12-31 | $6,272,405 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $3,768,540 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $2,335,053 |
Total income from all sources (including contributions) | 2021-12-31 | $2,983,040 |
Total loss/gain on sale of assets | 2021-12-31 | $4,366,295 |
Total of all expenses incurred | 2021-12-31 | $37,139,549 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $33,442,783 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $0 |
Value of total assets at end of year | 2021-12-31 | $493,466,624 |
Value of total assets at beginning of year | 2021-12-31 | $519,917,241 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $3,696,766 |
Total interest from all sources | 2021-12-31 | $11,005,434 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $2,247 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2021-12-31 | $0 |
Administrative expenses professional fees incurred | 2021-12-31 | $1,553,969 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $10,224,348 |
Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $11,776,042 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $9,056,857 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $3,341,954 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $1,771,108 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $1,962,354 |
Other income not declared elsewhere | 2021-12-31 | $-119,010 |
Administrative expenses (other) incurred | 2021-12-31 | $848,560 |
Liabilities. Value of operating payables at end of year | 2021-12-31 | $1,997,432 |
Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $372,699 |
Total non interest bearing cash at end of year | 2021-12-31 | $632,233 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $1,144,376 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $-34,156,509 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $489,698,084 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $517,582,188 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $1,294,237 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $77,913,800 |
Interest earned on other investments | 2021-12-31 | $434,165 |
Income. Interest from US Government securities | 2021-12-31 | $3,635,865 |
Income. Interest from corporate debt instruments | 2021-12-31 | $6,938,831 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $84,782,587 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $-163,447 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $6,053,731 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $6,053,731 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $-3,427 |
Asset value of US Government securities at end of year | 2021-12-31 | $240,721,286 |
Asset value of US Government securities at beginning of year | 2021-12-31 | $170,110,051 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,307 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Income. Dividends from common stock | 2021-12-31 | $2,247 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $33,442,783 |
Asset. Corporate debt instrument preferred debt at end of year | 2021-12-31 | $77,030,143 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2021-12-31 | $96,998,053 |
Asset. Corporate debt instrument debt (other) at end of year | 2021-12-31 | $78,051,403 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2021-12-31 | $145,488,382 |
Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $1 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $222,065 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Aggregate proceeds on sale of assets | 2021-12-31 | $351,835,346 |
Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $347,469,051 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | CALVETTI FERGUSON |
Accountancy firm EIN | 2021-12-31 | 134255527 |
2020 : MCDERMOTT (U.S.) RETIREMENT PLAN 2020 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $27,372,688 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $27,372,688 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $2,335,053 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $1,723,520 |
Total income from all sources (including contributions) | 2020-12-31 | $72,952,824 |
Total loss/gain on sale of assets | 2020-12-31 | $20,229,039 |
Total of all expenses incurred | 2020-12-31 | $36,453,613 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $34,147,560 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $0 |
Value of total assets at end of year | 2020-12-31 | $519,917,241 |
Value of total assets at beginning of year | 2020-12-31 | $482,806,497 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $2,306,053 |
Total interest from all sources | 2020-12-31 | $13,100,034 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $549,790 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $11,776,042 |
Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $8,298,470 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $3,341,954 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $3,595,013 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $1,962,354 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $1,310,288 |
Other income not declared elsewhere | 2020-12-31 | $110,517 |
Administrative expenses (other) incurred | 2020-12-31 | $645,937 |
Liabilities. Value of operating payables at end of year | 2020-12-31 | $372,699 |
Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $413,232 |
Total non interest bearing cash at end of year | 2020-12-31 | $1,144,376 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $1,054,989 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $36,499,211 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $517,582,188 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $481,082,977 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $1,110,326 |
Interest earned on other investments | 2020-12-31 | $419,891 |
Income. Interest from US Government securities | 2020-12-31 | $2,130,795 |
Income. Interest from corporate debt instruments | 2020-12-31 | $10,531,410 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $84,782,587 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $72,642,041 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $6,053,731 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $8,916,238 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $8,916,238 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $17,938 |
Asset value of US Government securities at end of year | 2020-12-31 | $170,110,051 |
Asset value of US Government securities at beginning of year | 2020-12-31 | $170,528,366 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $12,140,546 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $34,147,560 |
Asset. Corporate debt instrument preferred debt at end of year | 2020-12-31 | $96,998,053 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2020-12-31 | $88,389,820 |
Asset. Corporate debt instrument debt (other) at end of year | 2020-12-31 | $145,488,382 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2020-12-31 | $129,381,556 |
Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $222,065 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $4 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Aggregate proceeds on sale of assets | 2020-12-31 | $317,997,728 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $297,768,689 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | CALVETTI FERGUSON |
Accountancy firm EIN | 2020-12-31 | 134255527 |
2019 : MCDERMOTT (U.S.) RETIREMENT PLAN 2019 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $35,519,622 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $35,519,622 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $35,519,622 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $35,519,622 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $1,723,520 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $1,723,520 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $740,318 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $740,318 |
Total income from all sources (including contributions) | 2019-12-31 | $78,511,150 |
Total income from all sources (including contributions) | 2019-12-31 | $78,511,150 |
Total loss/gain on sale of assets | 2019-12-31 | $12,817,062 |
Total loss/gain on sale of assets | 2019-12-31 | $12,817,062 |
Total of all expenses incurred | 2019-12-31 | $37,229,627 |
Total of all expenses incurred | 2019-12-31 | $37,229,627 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $34,692,303 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $34,692,303 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $0 |
Value of total assets at end of year | 2019-12-31 | $482,806,497 |
Value of total assets at end of year | 2019-12-31 | $482,806,497 |
Value of total assets at beginning of year | 2019-12-31 | $440,541,772 |
Value of total assets at beginning of year | 2019-12-31 | $440,541,772 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,537,324 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,537,324 |
Total interest from all sources | 2019-12-31 | $14,600,278 |
Total interest from all sources | 2019-12-31 | $14,600,278 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $466,054 |
Administrative expenses professional fees incurred | 2019-12-31 | $466,054 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $8,298,470 |
Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $8,298,470 |
Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $9,443,130 |
Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $9,443,130 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $3,595,013 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $3,595,013 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $4,002,056 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $4,002,056 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $1,310,288 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $1,310,288 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $740,318 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $740,318 |
Other income not declared elsewhere | 2019-12-31 | $61,296 |
Other income not declared elsewhere | 2019-12-31 | $61,296 |
Administrative expenses (other) incurred | 2019-12-31 | $962,775 |
Administrative expenses (other) incurred | 2019-12-31 | $962,775 |
Liabilities. Value of operating payables at end of year | 2019-12-31 | $413,232 |
Liabilities. Value of operating payables at end of year | 2019-12-31 | $413,232 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
Total non interest bearing cash at end of year | 2019-12-31 | $1,054,989 |
Total non interest bearing cash at end of year | 2019-12-31 | $1,054,989 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $430,669 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $430,669 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | 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 | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $41,281,523 |
Value of net income/loss | 2019-12-31 | $41,281,523 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $481,082,977 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $481,082,977 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $439,801,454 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $439,801,454 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $1,108,495 |
Investment advisory and management fees | 2019-12-31 | $1,108,495 |
Interest earned on other investments | 2019-12-31 | $398,444 |
Interest earned on other investments | 2019-12-31 | $398,444 |
Income. Interest from US Government securities | 2019-12-31 | $2,961,069 |
Income. Interest from US Government securities | 2019-12-31 | $2,961,069 |
Income. Interest from corporate debt instruments | 2019-12-31 | $11,119,791 |
Income. Interest from corporate debt instruments | 2019-12-31 | $11,119,791 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $72,642,041 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $72,642,041 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $57,129,149 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $57,129,149 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $8,916,238 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $8,916,238 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $7,564,240 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $7,564,240 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $7,564,240 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $7,564,240 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $120,974 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $120,974 |
Asset value of US Government securities at end of year | 2019-12-31 | $170,528,366 |
Asset value of US Government securities at end of year | 2019-12-31 | $170,528,366 |
Asset value of US Government securities at beginning of year | 2019-12-31 | $148,054,666 |
Asset value of US Government securities at beginning of year | 2019-12-31 | $148,054,666 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $15,512,892 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $15,512,892 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $34,692,303 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $34,692,303 |
Asset. Corporate debt instrument preferred debt at end of year | 2019-12-31 | $88,389,820 |
Asset. Corporate debt instrument preferred debt at end of year | 2019-12-31 | $88,389,820 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2019-12-31 | $89,931,858 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2019-12-31 | $89,931,858 |
Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $129,381,556 |
Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $129,381,556 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $123,811,958 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $123,811,958 |
Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $4 |
Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $4 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $174,046 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $174,046 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan have assets held for investment | 2019-12-31 | Yes |
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 | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Aggregate proceeds on sale of assets | 2019-12-31 | $318,869,608 |
Aggregate proceeds on sale of assets | 2019-12-31 | $318,869,608 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $306,052,546 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $306,052,546 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | CALVETTI FERGUSON |
Accountancy firm name | 2019-12-31 | CALVETTI FERGUSON |
Accountancy firm EIN | 2019-12-31 | 134255527 |
Accountancy firm EIN | 2019-12-31 | 134255527 |
2018 : MCDERMOTT (U.S.) RETIREMENT PLAN 2018 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-21,195,214 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-21,195,214 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $740,318 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $208,841 |
Total income from all sources (including contributions) | 2018-12-31 | $-19,444,048 |
Total loss/gain on sale of assets | 2018-12-31 | $-8,195,918 |
Total of all expenses incurred | 2018-12-31 | $37,586,036 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $35,218,366 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $0 |
Value of total assets at end of year | 2018-12-31 | $440,541,772 |
Value of total assets at beginning of year | 2018-12-31 | $497,040,379 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $2,367,670 |
Total interest from all sources | 2018-12-31 | $15,379,531 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $518,863 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $9,443,130 |
Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $9,959,284 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $4,002,056 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $4,069,710 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $740,318 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $208,841 |
Other income not declared elsewhere | 2018-12-31 | $70,844 |
Administrative expenses (other) incurred | 2018-12-31 | $533,450 |
Total non interest bearing cash at end of year | 2018-12-31 | $430,669 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $836,181 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-57,030,084 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $439,801,454 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $496,831,538 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $1,315,357 |
Interest earned on other investments | 2018-12-31 | $459,967 |
Income. Interest from US Government securities | 2018-12-31 | $3,201,280 |
Income. Interest from corporate debt instruments | 2018-12-31 | $11,619,560 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $57,129,149 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $72,132,441 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $7,564,240 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $8,311,904 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $8,311,904 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $98,724 |
Asset value of US Government securities at end of year | 2018-12-31 | $148,054,666 |
Asset value of US Government securities at beginning of year | 2018-12-31 | $162,111,427 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-5,503,291 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $35,218,366 |
Asset. Corporate debt instrument preferred debt at end of year | 2018-12-31 | $89,931,858 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2018-12-31 | $98,836,732 |
Asset. Corporate debt instrument debt (other) at end of year | 2018-12-31 | $123,811,958 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2018-12-31 | $140,362,033 |
Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $174,046 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $420,667 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Aggregate proceeds on sale of assets | 2018-12-31 | $285,648,121 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $293,844,039 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | L.J. MOSBY |
Accountancy firm EIN | 2018-12-31 | 841656069 |
2017 : MCDERMOTT (U.S.) RETIREMENT PLAN 2017 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $14,728,086 |
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $14,728,086 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $208,841 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $707,351 |
Total income from all sources (including contributions) | 2017-12-31 | $49,806,489 |
Total loss/gain on sale of assets | 2017-12-31 | $3,154,039 |
Total of all expenses incurred | 2017-12-31 | $37,935,490 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $35,846,362 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $0 |
Value of total assets at end of year | 2017-12-31 | $497,040,379 |
Value of total assets at beginning of year | 2017-12-31 | $485,667,890 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $2,089,128 |
Total interest from all sources | 2017-12-31 | $15,638,756 |
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 year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $644,291 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $9,959,284 |
Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $10,824,480 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $4,069,710 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $4,229,403 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $208,841 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $707,351 |
Other income not declared elsewhere | 2017-12-31 | $62,611 |
Administrative expenses (other) incurred | 2017-12-31 | $555,532 |
Total non interest bearing cash at end of year | 2017-12-31 | $836,181 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $-1,571 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $11,870,999 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $496,831,538 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $484,960,539 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $889,305 |
Interest earned on other investments | 2017-12-31 | $506,060 |
Income. Interest from US Government securities | 2017-12-31 | $3,065,316 |
Income. Interest from corporate debt instruments | 2017-12-31 | $11,971,368 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $72,132,441 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $72,409,444 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $8,311,904 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $9,225,537 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $9,225,537 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $96,012 |
Asset value of US Government securities at end of year | 2017-12-31 | $162,111,427 |
Asset value of US Government securities at beginning of year | 2017-12-31 | $152,566,366 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $16,222,997 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $35,846,362 |
Asset. Corporate debt instrument preferred debt at end of year | 2017-12-31 | $98,836,732 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2017-12-31 | $94,675,859 |
Asset. Corporate debt instrument debt (other) at end of year | 2017-12-31 | $140,362,033 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $141,611,570 |
Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $420,667 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $126,802 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Aggregate proceeds on sale of assets | 2017-12-31 | $327,699,118 |
Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $324,545,079 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | L.J. MOSBY |
Accountancy firm EIN | 2017-12-31 | 841656069 |
2016 : MCDERMOTT (U.S.) RETIREMENT PLAN 2016 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $1,175,374 |
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $1,175,374 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $707,351 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $1,428,869 |
Total income from all sources (including contributions) | 2016-12-31 | $29,025,120 |
Total loss/gain on sale of assets | 2016-12-31 | $4,407,654 |
Total of all expenses incurred | 2016-12-31 | $38,209,888 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $36,076,158 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $0 |
Value of total assets at end of year | 2016-12-31 | $485,667,890 |
Value of total assets at beginning of year | 2016-12-31 | $495,574,176 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $2,133,730 |
Total interest from all sources | 2016-12-31 | $17,218,123 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $50,286 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Administrative expenses professional fees incurred | 2016-12-31 | $41,723 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $10,824,480 |
Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $4,229,403 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $6,473,956 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $707,351 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $1,428,869 |
Other income not declared elsewhere | 2016-12-31 | $122,280 |
Administrative expenses (other) incurred | 2016-12-31 | $1,089,278 |
Liabilities. Value of operating payables at end of year | 2016-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $0 |
Total non interest bearing cash at end of year | 2016-12-31 | $-1,571 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $-9,184,768 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $484,960,539 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $494,145,307 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $1,002,729 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $0 |
Interest earned on other investments | 2016-12-31 | $774,996 |
Income. Interest from US Government securities | 2016-12-31 | $2,805,433 |
Income. Interest from corporate debt instruments | 2016-12-31 | $13,617,762 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $72,409,444 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $72,858,041 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $9,225,537 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $6,085,634 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $6,085,634 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $19,932 |
Asset value of US Government securities at end of year | 2016-12-31 | $152,566,366 |
Asset value of US Government securities at beginning of year | 2016-12-31 | $60,128,324 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $6,051,403 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Employer contributions (assets) at beginning of year | 2016-12-31 | $0 |
Income. Dividends from common stock | 2016-12-31 | $50,286 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $36,076,158 |
Asset. Corporate debt instrument preferred debt at end of year | 2016-12-31 | $94,675,859 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2016-12-31 | $12,278 |
Asset. Corporate debt instrument debt (other) at end of year | 2016-12-31 | $141,611,570 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2016-12-31 | $350,015,942 |
Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $126,802 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $1 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Aggregate proceeds on sale of assets | 2016-12-31 | $513,951,707 |
Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $509,544,053 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | L.J. MOSBY |
Accountancy firm EIN | 2016-12-31 | 841656069 |
2015 : MCDERMOTT (U.S.) RETIREMENT PLAN 2015 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-40,310,252 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-40,310,252 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $1,428,869 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $1,074,991 |
Total income from all sources (including contributions) | 2015-12-31 | $-19,031,492 |
Total loss/gain on sale of assets | 2015-12-31 | $2,633,103 |
Total of all expenses incurred | 2015-12-31 | $38,116,274 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $35,786,351 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $0 |
Value of total assets at end of year | 2015-12-31 | $495,574,176 |
Value of total assets at beginning of year | 2015-12-31 | $552,368,064 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $2,329,923 |
Total interest from all sources | 2015-12-31 | $21,803,243 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $8,937 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Administrative expenses professional fees incurred | 2015-12-31 | $764,306 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $6,473,956 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $6,454,286 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $1,428,869 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $547,991 |
Other income not declared elsewhere | 2015-12-31 | $27,574 |
Administrative expenses (other) incurred | 2015-12-31 | $376,437 |
Liabilities. Value of operating payables at end of year | 2015-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $527,000 |
Total non interest bearing cash at end of year | 2015-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $566,258 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-57,147,766 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $494,145,307 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $551,293,073 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $1,189,180 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $11 |
Income. Interest from US Government securities | 2015-12-31 | $1,761,141 |
Income. Interest from corporate debt instruments | 2015-12-31 | $20,042,100 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $72,858,041 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $79,521,413 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $6,085,634 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $5,881,841 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $5,881,841 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $2 |
Asset value of US Government securities at end of year | 2015-12-31 | $60,128,324 |
Asset value of US Government securities at beginning of year | 2015-12-31 | $64,575,014 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $1 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $-3,194,098 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Employer contributions (assets) at end of year | 2015-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $0 |
Income. Dividends from common stock | 2015-12-31 | $8,937 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $35,786,351 |
Asset. Corporate debt instrument preferred debt at end of year | 2015-12-31 | $12,278 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2015-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at end of year | 2015-12-31 | $350,015,942 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2015-12-31 | $395,369,241 |
Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $1 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $0 |
Did the plan have assets held for investment | 2015-12-31 | Yes |
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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Aggregate proceeds on sale of assets | 2015-12-31 | $442,009,199 |
Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $439,376,096 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | L.J. MOSBY |
Accountancy firm EIN | 2015-12-31 | 841656069 |
2014 : MCDERMOTT (U.S.) RETIREMENT PLAN 2014 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $12,566,437 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $12,566,437 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $1,074,991 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $1,239,914 |
Total income from all sources (including contributions) | 2014-12-31 | $75,613,797 |
Total loss/gain on sale of assets | 2014-12-31 | $12,110,268 |
Total of all expenses incurred | 2014-12-31 | $92,120,659 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $89,094,170 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $0 |
Value of total assets at end of year | 2014-12-31 | $552,368,064 |
Value of total assets at beginning of year | 2014-12-31 | $569,039,849 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $3,026,489 |
Total interest from all sources | 2014-12-31 | $24,230,695 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $14,122 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $14,122 |
Administrative expenses professional fees incurred | 2014-12-31 | $1,380,844 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $6,454,286 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $6,722,848 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $547,991 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $1,239,914 |
Other income not declared elsewhere | 2014-12-31 | $20,199 |
Administrative expenses (other) incurred | 2014-12-31 | $368,946 |
Liabilities. Value of operating payables at end of year | 2014-12-31 | $527,000 |
Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $0 |
Total non interest bearing cash at end of year | 2014-12-31 | $566,258 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $138,720 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $-16,506,862 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $551,293,073 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $567,799,935 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Investment advisory and management fees | 2014-12-31 | $1,276,699 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $11 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $86,910,224 |
Income. Interest from US Government securities | 2014-12-31 | $6,702,611 |
Income. Interest from corporate debt instruments | 2014-12-31 | $17,528,084 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $79,521,413 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $5,881,841 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $5,852,156 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $5,852,156 |
Asset value of US Government securities at end of year | 2014-12-31 | $64,575,014 |
Asset value of US Government securities at beginning of year | 2014-12-31 | $57,057,517 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $11 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $26,672,065 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $0 |
Employer contributions (assets) at end of year | 2014-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $89,094,170 |
Asset. Corporate debt instrument debt (other) at end of year | 2014-12-31 | $395,369,241 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2014-12-31 | $412,358,384 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
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 | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Aggregate proceeds on sale of assets | 2014-12-31 | $563,764,775 |
Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $551,654,507 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | L.J. MOSBY |
Accountancy firm EIN | 2014-12-31 | 841656069 |
2013 : MCDERMOTT (U.S.) RETIREMENT PLAN 2013 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $-53,990,103 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $-53,990,103 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $1,239,914 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $82,881 |
Total income from all sources (including contributions) | 2013-12-31 | $-2,772,059 |
Total loss/gain on sale of assets | 2013-12-31 | $7,206,418 |
Total of all expenses incurred | 2013-12-31 | $35,317,745 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $33,203,727 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $6,334 |
Value of total assets at end of year | 2013-12-31 | $569,039,849 |
Value of total assets at beginning of year | 2013-12-31 | $605,972,620 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $2,114,018 |
Total interest from all sources | 2013-12-31 | $24,784,423 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $83,114 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $83,114 |
Administrative expenses professional fees incurred | 2013-12-31 | $609,865 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $6,722,848 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $7,157,043 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $1,239,914 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $82,881 |
Other income not declared elsewhere | 2013-12-31 | $120,916 |
Administrative expenses (other) incurred | 2013-12-31 | $302,324 |
Total non interest bearing cash at end of year | 2013-12-31 | $138,720 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $108 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $-38,089,804 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $567,799,935 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $605,889,739 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Investment advisory and management fees | 2013-12-31 | $1,201,829 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $86,910,224 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $90,196,452 |
Interest earned on other investments | 2013-12-31 | $20,425 |
Income. Interest from US Government securities | 2013-12-31 | $2,790,265 |
Income. Interest from corporate debt instruments | 2013-12-31 | $21,973,733 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $5,852,156 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $4,649,494 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $4,649,494 |
Asset value of US Government securities at end of year | 2013-12-31 | $57,057,517 |
Asset value of US Government securities at beginning of year | 2013-12-31 | $80,676,481 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $19,016,839 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $6,334 |
Employer contributions (assets) at end of year | 2013-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $33,203,727 |
Asset. Corporate debt instrument debt (other) at end of year | 2013-12-31 | $412,358,384 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2013-12-31 | $423,293,042 |
Contract administrator fees | 2013-12-31 | $0 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Aggregate proceeds on sale of assets | 2013-12-31 | $524,420,696 |
Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $517,214,278 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | L.J. MOSBY |
Accountancy firm EIN | 2013-12-31 | 841656069 |
2012 : MCDERMOTT (U.S.) RETIREMENT PLAN 2012 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $14,104,545 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $14,104,545 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $82,881 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $1,175,961 |
Total income from all sources (including contributions) | 2012-12-31 | $73,336,707 |
Total loss/gain on sale of assets | 2012-12-31 | $20,771,792 |
Total of all expenses incurred | 2012-12-31 | $34,819,936 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $32,591,218 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $0 |
Value of total assets at end of year | 2012-12-31 | $605,972,620 |
Value of total assets at beginning of year | 2012-12-31 | $568,548,929 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $2,228,718 |
Total interest from all sources | 2012-12-31 | $25,586,710 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $106,527 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $106,527 |
Administrative expenses professional fees incurred | 2012-12-31 | $780,977 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $7,157,043 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $7,610,187 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $82,881 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $1,175,961 |
Other income not declared elsewhere | 2012-12-31 | $57,090 |
Administrative expenses (other) incurred | 2012-12-31 | $238,000 |
Total non interest bearing cash at end of year | 2012-12-31 | $108 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $75 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Income. Non cash contributions | 2012-12-31 | $0 |
Value of net income/loss | 2012-12-31 | $38,516,771 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $605,889,739 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $567,372,968 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Investment advisory and management fees | 2012-12-31 | $1,209,741 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $90,196,452 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $80,579,836 |
Interest earned on other investments | 2012-12-31 | $110,027 |
Income. Interest from US Government securities | 2012-12-31 | $2,365,508 |
Income. Interest from corporate debt instruments | 2012-12-31 | $23,111,175 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $4,649,494 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $9,324,951 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $9,324,951 |
Asset value of US Government securities at end of year | 2012-12-31 | $80,676,481 |
Asset value of US Government securities at beginning of year | 2012-12-31 | $61,374,116 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $12,710,043 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $0 |
Employer contributions (assets) at end of year | 2012-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $32,591,218 |
Asset. Corporate debt instrument debt (other) at end of year | 2012-12-31 | $423,293,042 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2012-12-31 | $409,659,764 |
Contract administrator fees | 2012-12-31 | $0 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Aggregate proceeds on sale of assets | 2012-12-31 | $676,602,730 |
Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $655,830,938 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | L.J. MOSBY |
Accountancy firm EIN | 2012-12-31 | 841656069 |
2011 : MCDERMOTT (U.S.) RETIREMENT PLAN 2011 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2011-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $28,020,539 |
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $28,020,539 |
Total transfer of assets to this plan | 2011-12-31 | $0 |
Total transfer of assets from this plan | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $1,175,961 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $344,157 |
Expenses. Interest paid | 2011-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $92,781,420 |
Total loss/gain on sale of assets | 2011-12-31 | $40,881,545 |
Total of all expenses incurred | 2011-12-31 | $34,072,638 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $32,028,406 |
Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $0 |
Value of total corrective distributions | 2011-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $0 |
Value of total assets at end of year | 2011-12-31 | $568,548,929 |
Value of total assets at beginning of year | 2011-12-31 | $509,008,343 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $2,044,232 |
Total interest from all sources | 2011-12-31 | $23,723,948 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $34,288 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $34,288 |
Administrative expenses professional fees incurred | 2011-12-31 | $615,346 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $0 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2011-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $7,610,187 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $6,270,570 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $1,175,961 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $344,157 |
Other income not declared elsewhere | 2011-12-31 | $0 |
Administrative expenses (other) incurred | 2011-12-31 | $320,557 |
Total non interest bearing cash at end of year | 2011-12-31 | $75 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Income. Non cash contributions | 2011-12-31 | $0 |
Value of net income/loss | 2011-12-31 | $58,708,782 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $567,372,968 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $508,664,186 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Investment advisory and management fees | 2011-12-31 | $1,108,329 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $80,579,836 |
Interest on participant loans | 2011-12-31 | $0 |
Income. Interest from loans (other than to participants) | 2011-12-31 | $0 |
Interest earned on other investments | 2011-12-31 | $188,081 |
Income. Interest from US Government securities | 2011-12-31 | $9,982,182 |
Income. Interest from corporate debt instruments | 2011-12-31 | $13,553,685 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $9,324,951 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $3,867,794 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $3,867,794 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2011-12-31 | $0 |
Asset value of US Government securities at end of year | 2011-12-31 | $61,374,116 |
Asset value of US Government securities at beginning of year | 2011-12-31 | $242,987,259 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $121,100 |
Net investment gain/loss from pooled separate accounts | 2011-12-31 | $0 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $0 |
Net gain/loss from 103.12 investment entities | 2011-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $0 |
Employer contributions (assets) at end of year | 2011-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $3,155,990 |
Income. Dividends from preferred stock | 2011-12-31 | $0 |
Income. Dividends from common stock | 2011-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $32,028,406 |
Asset. Corporate debt instrument debt (other) at end of year | 2011-12-31 | $409,659,764 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2011-12-31 | $252,726,730 |
Contract administrator fees | 2011-12-31 | $0 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Aggregate proceeds on sale of assets | 2011-12-31 | $1,303,039,867 |
Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $1,262,158,322 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | L.J. MOSBY |
Accountancy firm EIN | 2011-12-31 | 841656069 |
2010 : MCDERMOTT (U.S.) RETIREMENT PLAN 2010 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $-10,847,613 |
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $-10,847,613 |
Total transfer of assets to this plan | 2010-12-31 | $209,951,291 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $344,157 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $35,111,922 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $24,091,405 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $22,199,830 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $3,155,990 |
Value of total assets at end of year | 2010-12-31 | $509,008,343 |
Value of total assets at beginning of year | 2010-12-31 | $287,692,378 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $1,891,575 |
Total interest from all sources | 2010-12-31 | $8,130,595 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Administrative expenses professional fees incurred | 2010-12-31 | $649,355 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $10,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $6,270,570 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $344,157 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $0 |
Administrative expenses (other) incurred | 2010-12-31 | $737,286 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $11,020,517 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $508,664,186 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $287,692,378 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Investment advisory and management fees | 2010-12-31 | $459,231 |
Income. Interest from US Government securities | 2010-12-31 | $4,903,829 |
Income. Interest from corporate debt instruments | 2010-12-31 | $3,226,616 |
Value of interest in master investment trust accounts at beginning of year | 2010-12-31 | $203,692,378 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $3,867,794 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $150 |
Asset value of US Government securities at end of year | 2010-12-31 | $242,987,259 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $3,155,990 |
Employer contributions (assets) at end of year | 2010-12-31 | $3,155,990 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $84,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $22,199,830 |
Asset. Corporate debt instrument debt (other) at end of year | 2010-12-31 | $252,726,730 |
Contract administrator fees | 2010-12-31 | $45,703 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | L. J. MOSBY |
Accountancy firm EIN | 2010-12-31 | 841656069 |