BAKER HUGHES HOLDINGS, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BAKER HUGHES INCORPORATED PENSION PLAN
| Measure | Date | Value |
|---|
| 2022: BAKER HUGHES INCORPORATED PENSION PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 653,746,342 |
| Acturial value of plan assets | 2022-12-31 | 632,875,216 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 98,359,296 |
| Number of terminated vested participants | 2022-12-31 | 15,815 |
| Fundng target for terminated vested participants | 2022-12-31 | 275,554,092 |
| Active participant vested funding target | 2022-12-31 | 146,993,331 |
| Number of active participants | 2022-12-31 | 5,726 |
| Total funding liabilities for active participants | 2022-12-31 | 148,815,412 |
| Total participant count | 2022-12-31 | 23,612 |
| Total funding target for all participants | 2022-12-31 | 522,728,800 |
| 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 | 41,380,776 |
| 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 prefunding balance | 2022-12-31 | 41,380,776 |
| 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 | 44,782,276 |
| 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 |
| Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2022-12-31 | 3,900,000 |
| Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
| Waiver amortization installment | 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 |
| 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 | 23,504 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 5,353 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 1,757 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 15,198 |
| Total of all active and inactive participants | 2022-01-01 | 22,308 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 524 |
| Total participants | 2022-01-01 | 22,832 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
| 2021: BAKER HUGHES INCORPORATED PENSION PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-31 | 646,695,287 |
| Acturial value of plan assets | 2021-12-31 | 604,638,566 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 96,798,499 |
| Number of terminated vested participants | 2021-12-31 | 16,205 |
| Fundng target for terminated vested participants | 2021-12-31 | 281,277,788 |
| Active participant vested funding target | 2021-12-31 | 149,868,113 |
| Number of active participants | 2021-12-31 | 6,194 |
| Total funding liabilities for active participants | 2021-12-31 | 151,941,907 |
| Total participant count | 2021-12-31 | 24,437 |
| Total funding target for all participants | 2021-12-31 | 530,018,194 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 37,666,925 |
| Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 700,000 |
| Amount remaining of prefunding balance | 2021-12-31 | 36,966,925 |
| Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2021-12-31 | 41,380,776 |
| Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2021-12-31 | 4,300,000 |
| Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
| Total participants, beginning-of-year | 2021-01-01 | 24,329 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 5,726 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 1,751 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 15,539 |
| Total of all active and inactive participants | 2021-01-01 | 23,016 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 488 |
| Total participants | 2021-01-01 | 23,504 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
| 2020: BAKER HUGHES INCORPORATED PENSION PLAN 2020 401k membership |
|---|
| Market value of plan assets | 2020-12-31 | 634,960,799 |
| Acturial value of plan assets | 2020-12-31 | 617,460,363 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 94,383,335 |
| Number of terminated vested participants | 2020-12-31 | 14,620 |
| Fundng target for terminated vested participants | 2020-12-31 | 254,382,420 |
| Active participant vested funding target | 2020-12-31 | 223,743,045 |
| Number of active participants | 2020-12-31 | 9,077 |
| Total funding liabilities for active participants | 2020-12-31 | 226,762,916 |
| Total participant count | 2020-12-31 | 25,641 |
| Total funding target for all participants | 2020-12-31 | 575,528,671 |
| 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 | 40,517,704 |
| 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 | 7,900,000 |
| Amount remaining of carryover balance | 2020-12-31 | 0 |
| Amount remaining of prefunding balance | 2020-12-31 | 32,617,704 |
| 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 | 37,666,925 |
| Total employer contributions | 2020-12-31 | 0 |
| Total employee contributions | 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 |
| Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2020-12-31 | 4,900,000 |
| Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
| Waiver amortization installment | 2020-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 635,233 |
| 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 | 700,000 |
| 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 | 25,533 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 6,194 |
| Number of retired or separated participants receiving benefits | 2020-01-01 | 1,728 |
| Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 15,931 |
| Total of all active and inactive participants | 2020-01-01 | 23,853 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 476 |
| Total participants | 2020-01-01 | 24,329 |
| 2019: BAKER HUGHES INCORPORATED PENSION PLAN 2019 401k membership |
|---|
| Market value of plan assets | 2019-12-31 | 597,174,090 |
| Acturial value of plan assets | 2019-12-31 | 618,577,612 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 90,613,327 |
| Number of terminated vested participants | 2019-12-31 | 14,445 |
| Fundng target for terminated vested participants | 2019-12-31 | 232,184,997 |
| Active participant vested funding target | 2019-12-31 | 251,866,145 |
| Number of active participants | 2019-12-31 | 10,322 |
| Total funding liabilities for active participants | 2019-12-31 | 255,236,377 |
| Total participant count | 2019-12-31 | 26,666 |
| Total funding target for all participants | 2019-12-31 | 578,034,701 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 59,937,376 |
| Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 4,250,000 |
| Amount remaining of prefunding balance | 2019-12-31 | 55,687,376 |
| 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 | 13,900,000 |
| Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2019-12-31 | 40,517,704 |
| 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 |
| 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 | 7,900,000 |
| Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
| Waiver amortization installment | 2019-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 7,874,793 |
| 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 | 7,900,000 |
| 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 | 26,568 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 9,077 |
| Number of retired or separated participants receiving benefits | 2019-01-01 | 1,663 |
| Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 14,390 |
| Total of all active and inactive participants | 2019-01-01 | 25,130 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 403 |
| Total participants | 2019-01-01 | 25,533 |
| 2018: BAKER HUGHES INCORPORATED PENSION PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-12-31 | 664,816,549 |
| Acturial value of plan assets | 2018-12-31 | 636,449,232 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 85,800,242 |
| Number of terminated vested participants | 2018-12-31 | 14,602 |
| Fundng target for terminated vested participants | 2018-12-31 | 226,794,585 |
| Active participant vested funding target | 2018-12-31 | 260,020,435 |
| Number of active participants | 2018-12-31 | 11,247 |
| Total funding liabilities for active participants | 2018-12-31 | 263,423,417 |
| Total participant count | 2018-12-31 | 27,668 |
| Total funding target for all participants | 2018-12-31 | 576,018,244 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 92,448,351 |
| Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 29,500,000 |
| Amount remaining of prefunding balance | 2018-12-31 | 62,948,351 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 12,000,000 |
| Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2018-12-31 | 59,937,376 |
| 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 | 4,700,000 |
| Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
| Waiver amortization installment | 2018-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 4,206,388 |
| 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 | 4,250,000 |
| 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 | 27,577 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 10,322 |
| Number of retired or separated participants receiving benefits | 2018-01-01 | 1,595 |
| Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 14,245 |
| Total of all active and inactive participants | 2018-01-01 | 26,162 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 406 |
| Total participants | 2018-01-01 | 26,568 |
| 2017: BAKER HUGHES INCORPORATED PENSION PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 626,327,730 |
| Acturial value of plan assets | 2017-12-31 | 646,101,772 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 85,119,485 |
| Number of terminated vested participants | 2017-12-31 | 14,269 |
| Fundng target for terminated vested participants | 2017-12-31 | 214,251,960 |
| Active participant vested funding target | 2017-12-31 | 247,133,031 |
| Number of active participants | 2017-12-31 | 12,065 |
| Total funding liabilities for active participants | 2017-12-31 | 253,578,525 |
| Total participant count | 2017-12-31 | 28,137 |
| Total funding target for all participants | 2017-12-31 | 552,949,970 |
| 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 | 96,859,555 |
| 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 | 0 |
| Amount remaining of carryover balance | 2017-12-31 | 0 |
| Amount remaining of prefunding balance | 2017-12-31 | 96,859,555 |
| Present value of excess contributions | 2017-12-31 | 15,850,813 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 16,808,202 |
| 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 | 10,000,000 |
| Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2017-12-31 | 92,448,351 |
| 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 |
| 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 | 29,713,508 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
| Waiver amortization installment | 2017-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 29,010,057 |
| 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 | 29,500,000 |
| 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 | 28,030 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 11,247 |
| Number of retired or separated participants receiving benefits | 2017-01-01 | 1,530 |
| Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 14,406 |
| Total of all active and inactive participants | 2017-01-01 | 27,183 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 394 |
| Total participants | 2017-01-01 | 27,577 |
| 2016: BAKER HUGHES INCORPORATED PENSION PLAN 2016 401k membership |
|---|
| Market value of plan assets | 2016-12-31 | 633,739,173 |
| Acturial value of plan assets | 2016-12-31 | 669,965,482 |
| Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 76,822,931 |
| Number of terminated vested participants | 2016-12-31 | 15,130 |
| Fundng target for terminated vested participants | 2016-12-31 | 191,256,830 |
| Active participant vested funding target | 2016-12-31 | 265,900,750 |
| Number of active participants | 2016-12-31 | 15,747 |
| Total funding liabilities for active participants | 2016-12-31 | 275,858,832 |
| Total participant count | 2016-12-31 | 32,559 |
| Total funding target for all participants | 2016-12-31 | 543,938,593 |
| 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 | 57,131,114 |
| 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 | 57,131,114 |
| Present value of excess contributions | 2016-12-31 | 37,930,941 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 40,294,039 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 40,294,039 |
| Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2016-12-31 | 96,859,555 |
| Total employer contributions | 2016-12-31 | 25,000,000 |
| 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 | 22,193,323 |
| 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 | 35,509,844 |
| Net shortfall amortization installment of oustanding balance | 2016-12-31 | 0 |
| Waiver amortization installment | 2016-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 6,342,510 |
| Additional cash requirement | 2016-12-31 | 6,342,510 |
| Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 22,193,323 |
| 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 | 32,456 |
| Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 12,065 |
| Number of retired or separated participants receiving benefits | 2016-01-01 | 1,511 |
| Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 14,042 |
| Total of all active and inactive participants | 2016-01-01 | 27,618 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 412 |
| Total participants | 2016-01-01 | 28,030 |
| 2015: BAKER HUGHES INCORPORATED PENSION PLAN 2015 401k membership |
|---|
| Total participants, beginning-of-year | 2015-01-01 | 35,127 |
| Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 15,747 |
| Number of retired or separated participants receiving benefits | 2015-01-01 | 1,417 |
| Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 14,930 |
| Total of all active and inactive participants | 2015-01-01 | 32,094 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 362 |
| Total participants | 2015-01-01 | 32,456 |
| Number of participants with account balances | 2015-01-01 | 0 |
| 2014: BAKER HUGHES INCORPORATED PENSION PLAN 2014 401k membership |
|---|
| Total participants, beginning-of-year | 2014-01-01 | 35,209 |
| Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 26,324 |
| Number of retired or separated participants receiving benefits | 2014-01-01 | 1,657 |
| Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 7,228 |
| Total of all active and inactive participants | 2014-01-01 | 35,209 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 308 |
| Total participants | 2014-01-01 | 35,517 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 2,616 |
| 2013: BAKER HUGHES INCORPORATED PENSION PLAN 2013 401k membership |
|---|
| Total participants, beginning-of-year | 2013-01-01 | 34,664 |
| Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 25,491 |
| Number of retired or separated participants receiving benefits | 2013-01-01 | 1,440 |
| Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 7,985 |
| Total of all active and inactive participants | 2013-01-01 | 34,916 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 338 |
| Total participants | 2013-01-01 | 35,254 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 2,784 |
| 2012: BAKER HUGHES INCORPORATED PENSION PLAN 2012 401k membership |
|---|
| Total participants, beginning-of-year | 2012-01-01 | 32,698 |
| Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 24,660 |
| Number of retired or separated participants receiving benefits | 2012-01-01 | 1,292 |
| Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 7,366 |
| Total of all active and inactive participants | 2012-01-01 | 33,318 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 329 |
| Total participants | 2012-01-01 | 33,647 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 3,508 |
| 2011: BAKER HUGHES INCORPORATED PENSION PLAN 2011 401k membership |
|---|
| Total participants, beginning-of-year | 2011-01-01 | 22,291 |
| Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 24,645 |
| Number of retired or separated participants receiving benefits | 2011-01-01 | 1,210 |
| Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 6,527 |
| Total of all active and inactive participants | 2011-01-01 | 32,382 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 316 |
| Total participants | 2011-01-01 | 32,698 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 834 |
| 2009: BAKER HUGHES INCORPORATED PENSION PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 21,299 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 13,830 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 1,138 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 6,076 |
| Total of all active and inactive participants | 2009-01-01 | 21,044 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 205 |
| Total participants | 2009-01-01 | 21,249 |
| Number of participants with account balances | 2009-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 1,074 |
| Measure | Date | Value |
|---|
| 2022 : BAKER HUGHES INCORPORATED PENSION PLAN 2022 401k financial data |
|---|
| Total income from all sources (including contributions) | 2022-12-31 | $-102,266,760 |
| Total of all expenses incurred | 2022-12-31 | $38,681,422 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $34,255,419 |
| Value of total assets at end of year | 2022-12-31 | $512,798,193 |
| Value of total assets at beginning of year | 2022-12-31 | $653,746,375 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $4,426,003 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $1,748,878 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Administrative expenses (other) incurred | 2022-12-31 | $2,401,174 |
| 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 | $-140,948,182 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $512,798,193 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $653,746,375 |
| 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 |
| Value of interest in master investment trust accounts at end of year | 2022-12-31 | $512,798,193 |
| Value of interest in master investment trust accounts at beginning of year | 2022-12-31 | $653,746,375 |
| 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 | $34,255,419 |
| Contract administrator fees | 2022-12-31 | $275,951 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 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 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | WEAVER & TIDWELL, LLP |
| Accountancy firm EIN | 2022-12-31 | 750786316 |
| 2021 : BAKER HUGHES INCORPORATED PENSION PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $48,503,350 |
| Total of all expenses incurred | 2021-12-31 | $41,452,382 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $36,850,653 |
| Value of total assets at end of year | 2021-12-31 | $653,746,375 |
| Value of total assets at beginning of year | 2021-12-31 | $646,695,407 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $4,601,729 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $1,895,630 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Administrative expenses (other) incurred | 2021-12-31 | $2,332,987 |
| 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 | $7,050,968 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $653,746,375 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $646,695,407 |
| 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 |
| Value of interest in master investment trust accounts at end of year | 2021-12-31 | $653,746,375 |
| Value of interest in master investment trust accounts at beginning of year | 2021-12-31 | $646,695,407 |
| 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 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $36,850,653 |
| Contract administrator fees | 2021-12-31 | $373,112 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 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 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | WEAVER & TIDWELL, LLP |
| Accountancy firm EIN | 2021-12-31 | 750786316 |
| 2020 : BAKER HUGHES INCORPORATED PENSION PLAN 2020 401k financial data |
|---|
| Total income from all sources (including contributions) | 2020-12-31 | $72,611,765 |
| Total of all expenses incurred | 2020-12-31 | $60,877,157 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $55,628,221 |
| Value of total assets at end of year | 2020-12-31 | $646,695,407 |
| Value of total assets at beginning of year | 2020-12-31 | $634,960,799 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $5,248,936 |
| 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 | $4,573,965 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| 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 |
| Administrative expenses (other) incurred | 2020-12-31 | $197,153 |
| 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 | $11,734,608 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $646,695,407 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $634,960,799 |
| 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 | $110,749 |
| Value of interest in master investment trust accounts at end of year | 2020-12-31 | $646,695,407 |
| Value of interest in master investment trust accounts at beginning of year | 2020-12-31 | $634,960,799 |
| 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 | $55,628,221 |
| Contract administrator fees | 2020-12-31 | $367,069 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | No |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 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 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | WEAVER & TIDWELL, LLP |
| Accountancy firm EIN | 2020-12-31 | 750786316 |
| 2019 : BAKER HUGHES INCORPORATED PENSION PLAN 2019 401k financial data |
|---|
| Total income from all sources (including contributions) | 2019-12-31 | $88,478,726 |
| Total income from all sources (including contributions) | 2019-12-31 | $88,478,726 |
| Total of all expenses incurred | 2019-12-31 | $51,019,768 |
| Total of all expenses incurred | 2019-12-31 | $51,019,768 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $43,627,734 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $43,627,734 |
| Value of total assets at end of year | 2019-12-31 | $634,960,799 |
| Value of total assets at end of year | 2019-12-31 | $634,960,799 |
| Value of total assets at beginning of year | 2019-12-31 | $597,501,841 |
| Value of total assets at beginning of year | 2019-12-31 | $597,501,841 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $7,392,034 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $7,392,034 |
| 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 | $6,076,436 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| 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 |
| Administrative expenses (other) incurred | 2019-12-31 | $114,383 |
| Administrative expenses (other) incurred | 2019-12-31 | $114,383 |
| 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 | $37,458,958 |
| Value of net income/loss | 2019-12-31 | $37,458,958 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $634,960,799 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $634,960,799 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $597,501,841 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $597,501,841 |
| 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 | $1,201,215 |
| Value of interest in master investment trust accounts at end of year | 2019-12-31 | $634,960,799 |
| Value of interest in master investment trust accounts at end of year | 2019-12-31 | $634,960,799 |
| Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $597,501,841 |
| Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $597,501,841 |
| 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 | $43,627,734 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $43,627,734 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | No |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | No |
| Did the plan have assets held for investment | 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 |
| 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 | WEAVER & TIDWELL, LLP |
| Accountancy firm name | 2019-12-31 | WEAVER & TIDWELL, LLP |
| Accountancy firm EIN | 2019-12-31 | 750786316 |
| Accountancy firm EIN | 2019-12-31 | 750786316 |
| 2018 : BAKER HUGHES INCORPORATED PENSION PLAN 2018 401k financial data |
|---|
| Total income from all sources (including contributions) | 2018-12-31 | $-15,607,818 |
| Total of all expenses incurred | 2018-12-31 | $53,127,370 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $45,208,061 |
| Value of total assets at end of year | 2018-12-31 | $597,501,841 |
| Value of total assets at beginning of year | 2018-12-31 | $666,237,029 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $7,919,309 |
| 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 | $6,025,888 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| 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 |
| Administrative expenses (other) incurred | 2018-12-31 | $104,255 |
| 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 | $-68,735,188 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $597,501,841 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $666,237,029 |
| 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 | $1,789,166 |
| Value of interest in master investment trust accounts at end of year | 2018-12-31 | $597,501,841 |
| Value of interest in master investment trust accounts at beginning of year | 2018-12-31 | $641,237,029 |
| 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 |
| Employer contributions (assets) at end of year | 2018-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $25,000,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $45,208,061 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | No |
| Did the plan have assets held for investment | 2018-12-31 | 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 | 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 |
| 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 | WEAVER AND TIDWELL, LLP |
| Accountancy firm EIN | 2018-12-31 | 750786316 |
| 2017 : BAKER HUGHES INCORPORATED PENSION PLAN 2017 401k financial data |
|---|
| Total income from all sources (including contributions) | 2017-12-31 | $84,159,977 |
| Total of all expenses incurred | 2017-12-31 | $45,730,839 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $43,300,798 |
| Value of total assets at end of year | 2017-12-31 | $666,237,029 |
| Value of total assets at beginning of year | 2017-12-31 | $627,807,891 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $2,430,041 |
| 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 | $1,094,719 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| 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 |
| Administrative expenses (other) incurred | 2017-12-31 | $171,905 |
| 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 | $38,429,138 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $666,237,029 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $627,807,891 |
| 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 | $1,163,417 |
| Value of interest in master investment trust accounts at end of year | 2017-12-31 | $641,237,029 |
| Value of interest in master investment trust accounts at beginning of year | 2017-12-31 | $602,807,891 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| 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 |
| Employer contributions (assets) at end of year | 2017-12-31 | $25,000,000 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $25,000,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $43,300,798 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
| Did the plan have assets held for investment | 2017-12-31 | 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 | 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 |
| 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 | WEAVER AND TIDWELL, LLP |
| Accountancy firm EIN | 2017-12-31 | 750786316 |
| 2016 : BAKER HUGHES INCORPORATED PENSION PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $58,142,749 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $65,779,989 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $60,995,914 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $25,000,000 |
| Value of total assets at end of year | 2016-12-31 | $627,807,891 |
| Value of total assets at beginning of year | 2016-12-31 | $635,445,131 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $4,784,075 |
| Total interest from all sources | 2016-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Administrative expenses professional fees incurred | 2016-12-31 | $2,191,687 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Administrative expenses (other) incurred | 2016-12-31 | $2,130,179 |
| 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 | $-7,637,240 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $627,807,891 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $635,445,131 |
| 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 | $462,209 |
| Value of interest in master investment trust accounts at end of year | 2016-12-31 | $602,807,891 |
| Value of interest in master investment trust accounts at beginning of year | 2016-12-31 | $593,445,131 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| 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 |
| Contributions received in cash from employer | 2016-12-31 | $25,000,000 |
| Employer contributions (assets) at end of year | 2016-12-31 | $25,000,000 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $42,000,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $60,995,914 |
| Contract administrator fees | 2016-12-31 | $0 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 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 |
| 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 | DELOITTE & TOUCHE LLP |
| Accountancy firm EIN | 2016-12-31 | 133891517 |
| 2015 : BAKER HUGHES INCORPORATED PENSION PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $35,759,170 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $62,556,445 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $57,469,096 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $42,000,000 |
| Value of total assets at end of year | 2015-12-31 | $635,445,131 |
| Value of total assets at beginning of year | 2015-12-31 | $662,242,406 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $5,087,349 |
| Total interest from all sources | 2015-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Administrative expenses professional fees incurred | 2015-12-31 | $581,455 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| 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 |
| Administrative expenses (other) incurred | 2015-12-31 | $2,058,801 |
| 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 | $-26,797,275 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $635,445,131 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $662,242,406 |
| 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 | $622,991 |
| Value of interest in master investment trust accounts at end of year | 2015-12-31 | $593,445,131 |
| Value of interest in master investment trust accounts at beginning of year | 2015-12-31 | $648,492,406 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| 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 |
| Contributions received in cash from employer | 2015-12-31 | $42,000,000 |
| Employer contributions (assets) at end of year | 2015-12-31 | $42,000,000 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $13,750,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $57,469,096 |
| Contract administrator fees | 2015-12-31 | $1,824,102 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 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 |
| 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 | DELOITTE & TOUCHE LLP |
| Accountancy firm EIN | 2015-12-31 | 133891517 |
| 2014 : BAKER HUGHES INCORPORATED PENSION PLAN 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $61,108,742 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $37,605,739 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $32,854,653 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $28,750,000 |
| Value of total assets at end of year | 2014-12-31 | $662,242,406 |
| Value of total assets at beginning of year | 2014-12-31 | $638,739,403 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $4,751,086 |
| Total interest from all sources | 2014-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Administrative expenses professional fees incurred | 2014-12-31 | $2,486,277 |
| 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 |
| Administrative expenses (other) incurred | 2014-12-31 | $1,801,473 |
| 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 | $23,503,003 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $662,242,406 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $638,739,403 |
| 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 | $463,336 |
| Value of interest in master investment trust accounts at end of year | 2014-12-31 | $648,492,406 |
| Value of interest in master investment trust accounts at beginning of year | 2014-12-31 | $623,739,403 |
| 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 | $28,750,000 |
| Employer contributions (assets) at end of year | 2014-12-31 | $13,750,000 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $15,000,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $32,854,653 |
| Did the plan have assets held for investment | 2014-12-31 | 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 | 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 |
| 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 | DELOITTE & TOUCHE LLP |
| Accountancy firm EIN | 2014-12-31 | 133891517 |
| 2013 : BAKER HUGHES INCORPORATED PENSION PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $97,852,028 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $25,415,712 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $21,172,729 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $15,000,000 |
| Value of total assets at end of year | 2013-12-31 | $638,739,403 |
| Value of total assets at beginning of year | 2013-12-31 | $566,303,087 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $4,242,983 |
| Total interest from all sources | 2013-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Administrative expenses professional fees incurred | 2013-12-31 | $403,864 |
| 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 |
| Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2013-12-31 | $172,970,873 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $246 |
| Administrative expenses (other) incurred | 2013-12-31 | $1,443,417 |
| 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 | $72,436,316 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $638,739,403 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $566,303,087 |
| 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 |
| Assets. partnership/joint venture interests at end of year | 2013-12-31 | $0 |
| Assets. partnership/joint venture interests at beginning of year | 2013-12-31 | $24,618,247 |
| Investment advisory and management fees | 2013-12-31 | $134,187 |
| Value of interest in master investment trust accounts at end of year | 2013-12-31 | $623,739,403 |
| Value of interest in master investment trust accounts at beginning of year | 2013-12-31 | $317,498,981 |
| Value of interest in common/collective trusts at end of year | 2013-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $10,714,740 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| 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 | $15,000,000 |
| Employer contributions (assets) at end of year | 2013-12-31 | $15,000,000 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $40,500,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $21,172,729 |
| Contract administrator fees | 2013-12-31 | $2,261,515 |
| Did the plan have assets held for investment | 2013-12-31 | 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 | 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 |
| 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 | DELOITTE & TOUCHE LLP |
| Accountancy firm EIN | 2013-12-31 | 133891517 |
| 2012 : BAKER HUGHES INCORPORATED PENSION PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $11,359,248 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $11,359,248 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $167,634,893 |
| Total loss/gain on sale of assets | 2012-12-31 | $-23,297 |
| Total of all expenses incurred | 2012-12-31 | $35,285,371 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $31,743,499 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $113,014,698 |
| Value of total assets at end of year | 2012-12-31 | $566,303,087 |
| Value of total assets at beginning of year | 2012-12-31 | $433,953,565 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $3,541,872 |
| Total interest from all sources | 2012-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Administrative expenses professional fees incurred | 2012-12-31 | $211,087 |
| 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 |
| Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $172,970,873 |
| Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $110,026,933 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $246 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $49 |
| Other income not declared elsewhere | 2012-12-31 | $-577,739 |
| Administrative expenses (other) incurred | 2012-12-31 | $1,007,295 |
| 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 |
| Value of net income/loss | 2012-12-31 | $132,349,522 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $566,303,087 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $433,953,565 |
| 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 |
| Assets. partnership/joint venture interests at end of year | 2012-12-31 | $24,618,247 |
| Assets. partnership/joint venture interests at beginning of year | 2012-12-31 | $4,866,904 |
| Investment advisory and management fees | 2012-12-31 | $311,998 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $3,000,000 |
| Value of interest in master investment trust accounts at end of year | 2012-12-31 | $317,498,981 |
| Value of interest in master investment trust accounts at beginning of year | 2012-12-31 | $303,622,267 |
| Value of interest in common/collective trusts at end of year | 2012-12-31 | $10,714,740 |
| Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $11,437,412 |
| Net investment gain or loss from common/collective trusts | 2012-12-31 | $1,395,395 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| 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 | $113,014,698 |
| Employer contributions (assets) at end of year | 2012-12-31 | $40,500,000 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $1,000,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $31,743,499 |
| Contract administrator fees | 2012-12-31 | $2,011,492 |
| 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 | $13,655,361 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $13,678,658 |
| 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 | DELOITTE & TOUCHE LLP |
| Accountancy firm EIN | 2012-12-31 | 133891517 |
| 2011 : BAKER HUGHES INCORPORATED PENSION PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2011-12-31 | $871,264 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-693,089 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $178,175 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $15,427,683 |
| Total loss/gain on sale of assets | 2011-12-31 | $1,509,625 |
| Total of all expenses incurred | 2011-12-31 | $18,411,131 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $15,922,580 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $21,500,000 |
| Value of total assets at end of year | 2011-12-31 | $433,953,565 |
| Value of total assets at beginning of year | 2011-12-31 | $436,937,014 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $2,488,551 |
| Total income from rents | 2011-12-31 | $492,254 |
| Total interest from all sources | 2011-12-31 | $-23 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Administrative expenses professional fees incurred | 2011-12-31 | $125,938 |
| 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 |
| Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $110,026,933 |
| Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $49 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $1,856 |
| Administrative expenses (other) incurred | 2011-12-31 | $1,967,024 |
| 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 |
| Value of net income/loss | 2011-12-31 | $-2,983,448 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $433,953,565 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $436,937,014 |
| 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 |
| Assets. partnership/joint venture interests at end of year | 2011-12-31 | $4,866,904 |
| Assets. partnership/joint venture interests at beginning of year | 2011-12-31 | $14,070,056 |
| Investment advisory and management fees | 2011-12-31 | $395,589 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $3,000,000 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $94,861,912 |
| Value of interest in master investment trust accounts at end of year | 2011-12-31 | $303,622,267 |
| Value of interest in master investment trust accounts at beginning of year | 2011-12-31 | $301,816,967 |
| Value of interest in common/collective trusts at end of year | 2011-12-31 | $11,437,412 |
| Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $5,786,223 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $-23 |
| Net investment gain or loss from common/collective trusts | 2011-12-31 | $876,994 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| 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 | $21,500,000 |
| Employer contributions (assets) at end of year | 2011-12-31 | $1,000,000 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $20,400,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $15,922,580 |
| Did the plan have assets held for investment | 2011-12-31 | 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 | 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 | $43,321,915 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $41,812,290 |
| 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 | DELOITTE & TOUCHE LLP |
| Accountancy firm EIN | 2011-12-31 | 133891517 |
| 2010 : BAKER HUGHES INCORPORATED PENSION PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2010-12-31 | $1,487,807 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $1,487,807 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $91,714,142 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $18,409,769 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $15,639,907 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $43,400,000 |
| Value of total assets at end of year | 2010-12-31 | $436,937,014 |
| Value of total assets at beginning of year | 2010-12-31 | $363,632,641 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $2,769,862 |
| Total income from rents | 2010-12-31 | $570,409 |
| Total interest from all sources | 2010-12-31 | $-4 |
| 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 | $432,513 |
| 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 | $1,856 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $22 |
| Administrative expenses (other) incurred | 2010-12-31 | $2,194,165 |
| 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 | $73,304,373 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $436,937,014 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $363,632,641 |
| 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 |
| Assets. partnership/joint venture interests at end of year | 2010-12-31 | $14,070,056 |
| Assets. partnership/joint venture interests at beginning of year | 2010-12-31 | $12,582,248 |
| Investment advisory and management fees | 2010-12-31 | $143,184 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $94,861,912 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $0 |
| Value of interest in master investment trust accounts at end of year | 2010-12-31 | $301,816,967 |
| Value of interest in master investment trust accounts at beginning of year | 2010-12-31 | $328,848,226 |
| Value of interest in common/collective trusts at end of year | 2010-12-31 | $5,786,223 |
| Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $4,952,145 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $-4 |
| Net investment gain or loss from common/collective trusts | 2010-12-31 | $872,598 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| 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 | $43,400,000 |
| Employer contributions (assets) at end of year | 2010-12-31 | $20,400,000 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $17,250,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $15,639,907 |
| Did the plan have assets held for investment | 2010-12-31 | 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 | 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 | DELOITTE & TOUCHE LLP |
| Accountancy firm EIN | 2010-12-31 | 133891517 |
| 2009 : BAKER HUGHES INCORPORATED PENSION PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
