Bechtel Marine Propulsion Corporation 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2017. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Bechtel Marine Propulsion Corporation 401(k) Plan Facts (plan year 2017)

Plan name
BECHTEL NR PROGRAM SAVINGS PLAN
Plan type
401(k) with employer contributions
Plan sponsor
BECHTEL MARINE PROPULSION CORPORATION
Participants
10,293 (8,773 active employees)
Former employees with a balance
1,652
Plan assets
$1,678,830,031 at Dec 31, 2017
Average account balance
$163,661 across 10,258 accounts
Employer contributions
$25,226,269 in plan year 2017 (23% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Jun 28, 2002
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2017 (Jan 1, 2017 – Dec 31, 2017), filed Oct 11, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $110.8 million went into the plan in contributions, $25.2 million of it from the employer (23%).
  • $78.1 million was paid out to participants.
  • Investment and other income added $224.8 million.
  • Administrative expenses were $438,482, about $43 per account.

How the Bechtel Marine Propulsion Corporation 401(k) changed, 2012–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20129,400$1.02 billion$19.8 million$65.9 million
20139,386$1.21 billion$20.2 million$55.8 million
20149,001$1.29 billion$20.7 million$75.8 million
20159,456$1.31 billion$21.6 million$75.7 million
20169,826$1.42 billion$23.3 million$76.3 million
201710,293$1.68 billion$25.2 million$78.1 million

Bechtel Marine Propulsion Corporation 401(k) Contact Information

Phone
412-476-5688
Mailing address
814 PITTSBURGH MCKEESPORT BLVD., WEST MIFFLIN PA 151220079
Plan sponsor
BECHTEL MARINE PROPULSION CORPORATION
Plan administrator
BMPC BENEFITS COMMITTEE
Employer identification number (EIN)
26-2569722
Plan number
004

Questions about the Bechtel Marine Propulsion Corporation 401(k)

Is the Bechtel Marine Propulsion Corporation 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2017, and no later filing was found under this employer's EIN.

Does Bechtel Marine Propulsion Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $25.2 million, 23% of all contributions.

Does the Bechtel Marine Propulsion Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Bechtel Marine Propulsion Corporation 401(k) plan?

10,293 participants at the start of plan year 2017, 8,773 of them active employees, and 1,652 former employees who still had money in the plan.

What is the average 401(k) balance at Bechtel Marine Propulsion Corporation?

About $163,661 per account: $1.68 billion in plan assets across 10,258 accounts with a balance at the end of plan year 2017.

Who manages the Bechtel Marine Propulsion Corporation 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

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Headquarter: 814 PITTSBURGH MCKEESPORT BLVD., WEST MIFFLIN, PA, 151220079
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