Layne Christensen Company 401(k) Plan (terminated 2018): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2018, when $97.2 million was transferred out of the plan. Assets moved to the GRANITE CONSTRUCTION PROFIT SHARING AND 401(K) PLAN (sponsored by GRANITE CONSTRUCTION INCORPORATED). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the GRANITE CONSTRUCTION PROFIT SHARING AND 401(K) PLAN

Layne Christensen Company 401(k) Plan Facts (plan year 2018)

Plan name
LAYNE CHRISTENSEN COMPANY CAPITAL ACCUMULATION PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LAYNE CHRISTENSEN COMPANY
Participants
2,730
Former employees with a balance
0
Plan assets
$97,210,051 at Dec 31, 2018
Employer contributions
$2,495,834 in plan year 2018 (31% of all contributions)
Plan year
Jan 1, 2018 – Dec 31, 2018
Plan established
Aug 27, 1992
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 2018 (Jan 1, 2018 – Dec 31, 2018), filed Jul 30, 2019. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $8.12 million went into the plan in contributions, $2.50 million of it from the employer (31%).
  • $18.0 million was paid out to participants.

How the Layne Christensen Company 401(k) changed, 20132018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20133,955$122.5 million$3.45 million$15.5 million
20143,400$114.8 million$3.19 million$21.8 million
20153,320$108.2 million$3.22 million$14.3 million
20163,359$109.5 million$2.97 million$15.3 million
20173,277$112.0 million$2.60 million$18.6 million
2018 (final)2,730$97.2 million$2.50 million$18.0 million

Layne Christensen Company 401(k) Contact Information

Phone
913-677-6812
Mailing address
1800 HUGHES LANDING BLVD SUITE 800, THE WOODLANDS TX 77380
Plan sponsor
LAYNE CHRISTENSEN COMPANY
Employer identification number (EIN)
48-0920712
Plan number
005

Questions about the Layne Christensen Company 401(k)

Is the Layne Christensen Company 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2018. Its assets were transferred to the GRANITE CONSTRUCTION PROFIT SHARING AND 401(K) PLAN.

Does Layne Christensen Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $2.50 million, 31% of all contributions.

Does the Layne Christensen Company 401(k) have automatic enrollment?

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

How many people are in the Layne Christensen Company 401(k) plan?

2,730 participants at the start of plan year 2018.

Who manages the Layne Christensen Company 401(k) accounts?

Merrill Benefits OnLine is the plan's recordkeeper, which is where participants log in to see their balance.

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