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Chicago Bridge & Iron Savings Plan
Chicago Bridge & Iron Company, Houston TX. Employer ID 061477022, plan number 001. Annual reports on file for 2009 to 2018.
Where the money went
Plans that moved money into this one:
- 2015: money from The Shaw Group Inc. 401(k) Plan moved in.
- 2017: money from Coastal Planning & Engineering, Inc 401(k) Profit Sharing Plan moved in.
- Filed 2009-2018Chicago Bridge & Iron Savings Plan, Chicago Bridge & Iron Company
- 2018Assets transferred to Mcdermott Thrift Plan
- 2019Plan renumbered or taken over by a new sponsor to Mcdermott Savings Plan
- TodayMcdermott Savings Plan still files. Fidelity Investments Institutional keeps the records. That is where to ask.
Records are kept by Fidelity Investments Institutional, per the 2024 filing.
Left in 2010? Worth asking about employer money
- In plan year 2010, active participants fell from 6,558 to 5,222 (20%), and 591 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. Filing
This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.
Worked here?
Check your years. We show whether the plan merged or moved money while you were there, and draft the letter to the plan that holds it now.
Events in the filings
- 2013: Another plan used the same employer ID and plan number, and this plan's report is missing from the government data file most search tools use. That's one reason it can be hard to find.
- 2018: The plan filed its last report: it ended, merged into another plan, or paid everyone out.
- 2018: At least a quarter of the plan's money moved to another plan this year, usually in a merger or company split.
- 2018: The employer decided to close the plan.
People in the plan
"Left, still in the plan" counts people who left the employer but still have a benefit in the plan, as reported by the plan.
| Plan year | Participants | Left, still in the plan | Source |
|---|---|---|---|
| 2009 | 9,045 | 2,453 | Filing |
| 2010 | 7,603 | 2,351 | Filing |
| 2011 | 8,047 | 2,478 | Filing |
| 2012 | 10,022 | 4,625 | Filing |
| 2013 | 8,163 | 1,888 | Filing |
| 2014 | 7,415 | 1,688 | Filing |
| 2015 | 10,907 | 1,705 | Filing |
| 2016 | 31,710 | 6,318 | Filing |
| 2017 | 25,761 | 8,258 | Filing |
| 2018 | 0 | 0 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.