Thrift Plan for Hourly Employees of Lufkin Industries, LLC.
Lufkin Industries, LLC., Lufkin TX. Employer ID 750404410, plan number 004. Annual reports on file for 2009 to 2020.
Where the money went
Plans that moved money into this one:
- 2009: money from Thrift Plan for Salaried Employees of Lufkin Industries, Inc. moved in.
- 2011: money from Thrift Plan for Salaried Employees of Lufkin Industries, Inc. moved in.
- 2012: money from Thrift Plan for Salaried Employees of Lufkin Industries, Inc. moved in.
- 2013: money from Thrift Plan for Salaried Employees of Lufkin Industries, Inc. moved in.
- Filed 2009-2020Thrift Plan for Hourly Employees of Lufkin Industries, LLC., Lufkin Industries, LLC.
- 2020Assets transferred to Baker Hughes Company 401(k) Plan
- TodayBaker Hughes Company 401(k) Plan still files. Great-west Life & Annuity Insurance keeps the records. That is where to ask.
Records are kept by Great-west Life & Annuity Insurance, per the 2024 filing.
Left in 2015, 2016? You may be owed employer money
- In plan year 2015, active participants fell from 1,166 to 403 (65%), and 275 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
- In plan year 2016, active participants fell from 403 to 137 (66%), and 25 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
- 2020: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
- 2020: At least 25% of plan assets were transferred to another plan this year (merger or spin-off).
- 2020: The employer adopted a resolution to terminate the plan.
People in the plan
"Separated, still owed" counts people who left the employer but still have a benefit in the plan, as reported by the plan.
| Plan year | Participants | Separated, still owed | Source |
|---|---|---|---|
| 2009 | 1,001 | 111 | Filing |
| 2010 | 1,119 | 99 | Filing |
| 2011 | 1,392 | 120 | Filing |
| 2012 | 1,702 | 121 | Filing |
| 2013 | 1,360 | 57 | Filing |
| 2014 | 1,236 | 61 | Filing |
| 2015 | 900 | 483 | Filing |
| 2016 | 308 | 156 | Filing |
| 2017 | 362 | 135 | Filing |
| 2018 | 318 | 122 | Filing |
| 2019 | 291 | 103 | Filing |
| 2020 | 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.