Lufkin Industries, Llc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2020, when $10.7 million was transferred out of the plan. Assets moved to the BAKER HUGHES COMPANY 401(K) PLAN (sponsored by BAKER HUGHES HOLDINGS LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the BAKER HUGHES COMPANY 401(K) PLAN →Lufkin Industries, Llc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
Lufkin Industries, Llc. 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Sep 8, 2021. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $7,535 went into the plan in contributions.
- $2.67 million was paid out to participants.
- Investment and other income added $455,270.
How the Lufkin Industries, Llc. 401(k) changed, 2015–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2015 | 1,236 | $32.2 million | $2.13 million | $17.1 million |
| 2016 | 900 | $16.4 million | $509,442 | $17.8 million |
| 2017 | 308 | $15.9 million | $418,317 | $2.46 million |
| 2018 | 362 | $13.3 million | $396,000 | $3.25 million |
| 2019 | 318 | $12.9 million | $377,890 | $2.50 million |
| 2020 (final) | 291 | $0 | — | $2.67 million |
Lufkin Industries, Llc. 401(k) Contact Information
Questions about the Lufkin Industries, Llc. 401(k)
Is the Lufkin Industries, Llc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the BAKER HUGHES COMPANY 401(K) PLAN.
Does Lufkin Industries, Llc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement.
Does the Lufkin Industries, Llc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Lufkin Industries, Llc 401(k) plan?
291 participants at the start of plan year 2020.
Who manages the Lufkin Industries, Llc 401(k) accounts?
Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES INC) is the plan's recordkeeper, which is where participants log in to see their balance.