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AKER SOLUTIONS 401(K) SAVINGS PLAN 401k Plan overview

Plan NameAKER SOLUTIONS 401(K) SAVINGS PLAN
Plan identification number 002

AKER SOLUTIONS 401(K) SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

AKER SOLUTIONS INC. has sponsored the creation of one or more 401k plans.

Company Name:AKER SOLUTIONS INC.
Employer identification number (EIN):760423235
NAIC Classification:541330
NAIC Description:Engineering Services

Additional information about AKER SOLUTIONS INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1994-03-01
Company Identification Number: 0009909606
Legal Registered Office Address: 7611 LAKE RD S

MOBILE
United States of America (USA)
36605

More information about AKER SOLUTIONS INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AKER SOLUTIONS 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022018-01-01
0022017-01-01ANITA FERRELL ANITA FERRELL2018-10-15
0022016-01-01ANITA FERRELL
0022016-01-01
0022014-01-01BRITTANY LOPEZ
0022013-01-01BRITTANY LOPEZ

Plan Statistics for AKER SOLUTIONS 401(K) SAVINGS PLAN

401k plan membership statisitcs for AKER SOLUTIONS 401(K) SAVINGS PLAN

Measure Date Value
2018: AKER SOLUTIONS 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011,437
Total number of active participants reported on line 7a of the Form 55002018-01-01292
Number of retired or separated participants receiving benefits2018-01-01125
Number of other retired or separated participants entitled to future benefits2018-01-01883
Total of all active and inactive participants2018-01-011,300
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-0121
Total participants2018-01-011,321
Number of participants with account balances2018-01-011,275
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: AKER SOLUTIONS 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011,684
Total number of active participants reported on line 7a of the Form 55002017-01-01358
Number of retired or separated participants receiving benefits2017-01-01123
Number of other retired or separated participants entitled to future benefits2017-01-01931
Total of all active and inactive participants2017-01-011,412
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-0125
Total participants2017-01-011,437
Number of participants with account balances2017-01-011,401
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0146
2016: AKER SOLUTIONS 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-011,874
Total number of active participants reported on line 7a of the Form 55002016-01-01419
Number of retired or separated participants receiving benefits2016-01-01124
Number of other retired or separated participants entitled to future benefits2016-01-011,123
Total of all active and inactive participants2016-01-011,666
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-0118
Total participants2016-01-011,684
Number of participants with account balances2016-01-011,664
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-01150
2014: AKER SOLUTIONS 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-013,456
Total number of active participants reported on line 7a of the Form 55002014-01-011,785
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-011,579
Total of all active and inactive participants2014-01-013,364
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-013,364
Number of participants with account balances2014-01-012,779
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0162
2013: AKER SOLUTIONS 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-013,461
Total number of active participants reported on line 7a of the Form 55002013-01-011,787
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-011,669
Total of all active and inactive participants2013-01-013,456
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-013,456
Number of participants with account balances2013-01-012,766
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0155

Financial Data on AKER SOLUTIONS 401(K) SAVINGS PLAN

Measure Date Value
2018 : AKER SOLUTIONS 401(K) SAVINGS PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$-2,755,207
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$18,808,773
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$18,654,008
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$4,120,708
Value of total assets at end of year2018-12-31$139,553,943
Value of total assets at beginning of year2018-12-31$161,117,923
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$154,765
Total interest from all sources2018-12-31$74,519
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$3,777,620
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$3,777,620
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$5,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$2,348,140
Participant contributions at end of year2018-12-31$1,298,921
Participant contributions at beginning of year2018-12-31$1,624,392
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$77,769
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$768,926
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$32,872
Other income not declared elsewhere2018-12-31$48,368
Administrative expenses (other) incurred2018-12-31$154,765
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-21,563,980
Value of net assets at end of year (total assets less liabilities)2018-12-31$139,553,943
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$161,117,923
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$130,947,704
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$152,326,077
Interest on participant loans2018-12-31$74,519
Value of interest in common/collective trusts at end of year2018-12-31$7,307,318
Value of interest in common/collective trusts at beginning of year2018-12-31$7,027,659
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-10,925,080
Net investment gain or loss from common/collective trusts2018-12-31$148,658
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$1,003,642
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$62,026
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$18,621,136
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31WEAVER & TIDWELL, LLP
Accountancy firm EIN2018-12-31750786316
2017 : AKER SOLUTIONS 401(K) SAVINGS PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$26,377,701
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$20,963,582
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$20,619,710
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$4,334,193
Value of total assets at end of year2017-12-31$161,117,923
Value of total assets at beginning of year2017-12-31$155,703,804
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$343,872
Total interest from all sources2017-12-31$68,971
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$3,447,618
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$3,447,618
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$2,714,250
Participant contributions at end of year2017-12-31$1,624,392
Participant contributions at beginning of year2017-12-31$1,658,487
Participant contributions at end of year2017-12-31$77,769
Participant contributions at beginning of year2017-12-31$89,879
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$177,223
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$126,889
Other income not declared elsewhere2017-12-31$46,276
Administrative expenses (other) incurred2017-12-31$343,872
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$5,414,119
Value of net assets at end of year (total assets less liabilities)2017-12-31$161,117,923
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$155,703,804
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$152,326,077
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$146,011,134
Interest on participant loans2017-12-31$68,971
Value of interest in common/collective trusts at end of year2017-12-31$7,027,659
Value of interest in common/collective trusts at beginning of year2017-12-31$7,875,865
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$18,350,945
Net investment gain or loss from common/collective trusts2017-12-31$129,698
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$1,442,720
Employer contributions (assets) at end of year2017-12-31$62,026
Employer contributions (assets) at beginning of year2017-12-31$68,439
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$20,492,821
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31WEAVER & TIDWELL, LLP
Accountancy firm EIN2017-12-31750786316
2016 : AKER SOLUTIONS 401(K) SAVINGS PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$96,286
Total income from all sources (including contributions)2016-12-31$17,589,919
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$19,547,321
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$19,247,138
Value of total corrective distributions2016-12-31$856
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$6,729,171
Value of total assets at end of year2016-12-31$155,703,804
Value of total assets at beginning of year2016-12-31$157,757,492
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$299,327
Total interest from all sources2016-12-31$88,581
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$3,120,137
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$3,120,137
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$3,894,020
Participant contributions at end of year2016-12-31$1,658,487
Participant contributions at beginning of year2016-12-31$2,023,823
Participant contributions at end of year2016-12-31$89,879
Participant contributions at beginning of year2016-12-31$137,332
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$560,271
Other income not declared elsewhere2016-12-31$24,479
Administrative expenses (other) incurred2016-12-31$299,327
Liabilities. Value of operating payables at end of year2016-12-31$0
Liabilities. Value of operating payables at beginning of year2016-12-31$96,286
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-1,957,402
Value of net assets at end of year (total assets less liabilities)2016-12-31$155,703,804
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$157,661,206
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$146,011,134
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$150,030,306
Interest on participant loans2016-12-31$88,581
Value of interest in common/collective trusts at end of year2016-12-31$7,875,865
Value of interest in common/collective trusts at beginning of year2016-12-31$3,890,724
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$7,506,070
Net investment gain or loss from common/collective trusts2016-12-31$121,481
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$2,274,880
Employer contributions (assets) at end of year2016-12-31$68,439
Employer contributions (assets) at beginning of year2016-12-31$1,675,307
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$19,247,138
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31WEAVER & TIDWELL, LLP
Accountancy firm EIN2016-12-31750786316
2014 : AKER SOLUTIONS 401(K) SAVINGS PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$59,581
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$44,420
Total income from all sources (including contributions)2014-12-31$27,674,564
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$29,221,027
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$28,929,536
Expenses. Certain deemed distributions of participant loans2014-12-31$5,877
Value of total corrective distributions2014-12-31$29,281
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$15,519,885
Value of total assets at end of year2014-12-31$229,351,644
Value of total assets at beginning of year2014-12-31$230,882,946
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$256,333
Total interest from all sources2014-12-31$109,842
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$10,748,780
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$10,748,780
Administrative expenses professional fees incurred2014-12-31$195,282
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$5,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$7,567,531
Participant contributions at end of year2014-12-31$2,570,707
Participant contributions at beginning of year2014-12-31$2,275,796
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$2,046,425
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$109,615
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$2,118
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$117
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$0
Other income not declared elsewhere2014-12-31$250,024
Liabilities. Value of operating payables at end of year2014-12-31$59,464
Liabilities. Value of operating payables at beginning of year2014-12-31$44,420
Total non interest bearing cash at end of year2014-12-31$50,220
Total non interest bearing cash at beginning of year2014-12-31$130,151
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-1,546,463
Value of net assets at end of year (total assets less liabilities)2014-12-31$229,292,063
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$230,838,526
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$40,883
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$162,989,443
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$162,783,954
Interest on participant loans2014-12-31$109,842
Value of interest in common/collective trusts at end of year2014-12-31$61,649,752
Value of interest in common/collective trusts at beginning of year2014-12-31$63,583,815
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-1,643,475
Net investment gain or loss from common/collective trusts2014-12-31$2,689,508
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31Yes
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$5,905,929
Employer contributions (assets) at end of year2014-12-31$1,981,907
Employer contributions (assets) at beginning of year2014-12-31$2,107,112
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$28,929,536
Contract administrator fees2014-12-31$20,168
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31PANNELL KERR FORSTER OF TEXAS, P.C.
Accountancy firm EIN2014-12-31760356844
2013 : AKER SOLUTIONS 401(K) SAVINGS PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$44,420
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$47,337,268
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$25,269,293
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$24,955,381
Expenses. Certain deemed distributions of participant loans2013-12-31$44,879
Value of total corrective distributions2013-12-31$52,366
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$14,118,710
Value of total assets at end of year2013-12-31$230,882,946
Value of total assets at beginning of year2013-12-31$208,770,551
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$216,667
Total interest from all sources2013-12-31$100,517
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$6,342,545
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$6,342,545
Administrative expenses professional fees incurred2013-12-31$160,052
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$5,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$7,346,718
Participant contributions at end of year2013-12-31$2,275,796
Participant contributions at beginning of year2013-12-31$2,094,888
Participant contributions at end of year2013-12-31$0
Participant contributions at beginning of year2013-12-31$22,702
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$1,534,628
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$2,118
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$40,725
Liabilities. Value of operating payables at end of year2013-12-31$44,420
Liabilities. Value of operating payables at beginning of year2013-12-31$0
Total non interest bearing cash at end of year2013-12-31$130,151
Total non interest bearing cash at beginning of year2013-12-31$80,684
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$22,067,975
Value of net assets at end of year (total assets less liabilities)2013-12-31$230,838,526
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$208,770,551
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$41,045
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$162,783,954
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$144,812,985
Interest on participant loans2013-12-31$100,517
Value of interest in common/collective trusts at end of year2013-12-31$63,583,815
Value of interest in common/collective trusts at beginning of year2013-12-31$60,198,141
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$21,224,441
Net investment gain or loss from common/collective trusts2013-12-31$5,551,055
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$5,237,364
Employer contributions (assets) at end of year2013-12-31$2,107,112
Employer contributions (assets) at beginning of year2013-12-31$1,520,426
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$24,955,381
Contract administrator fees2013-12-31$15,570
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31PANNELL KERR FORSTER OF TEXAS, P.C.
Accountancy firm EIN2013-12-31760356844

Form 5500 Responses for AKER SOLUTIONS 401(K) SAVINGS PLAN

2018: AKER SOLUTIONS 401(K) SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: AKER SOLUTIONS 401(K) SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: AKER SOLUTIONS 401(K) SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedYes
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2014: AKER SOLUTIONS 401(K) SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entityMulitple employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: AKER SOLUTIONS 401(K) SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entityMulitple employer plan
2013-01-01Submission has been amendedYes
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes

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