February 16, 2006
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| 2006 BJC Benefits Update
Summary Annual Report February 16, 2006 |
| From: BJCAnnouncements Sent:
Thursday, February 16, 2006 9:20 AM To: Employees – All Subject: Benefits Update, February 16, 2006 BENEFITS UPDATE February 16, 2006 SUMMARY ANNUAL REPORT FOR M&I (MANAGEMENT & INTEGRATION) 401(K) PLAN This is a summary of the annual report for the M&I (MANAGEMENT & INTEGRATION) 401(K) PLAN, EIN 94-3287886, Plan No. 004, for the period January 1, 2004 through December 31, 2004. The annual report has been filed with the Employee Benefits Security Administration, U.S. Department of Labor, as required under the Employee Retirement Income Security Act of 1974 (ERISA). Basic Financial Statement Benefits under the plan are provided through a trust fund. Plan expenses were $6,488,992. These expenses included $7,415 in administrative expenses, $6,427,105 in benefits paid to participants and beneficiaries, and $54,472 in other expenses. A total of 1,673 persons were participants in or beneficiaries of the plan at the end of the plan year, although not all of these persons had yet earned the right to receive benefits. The value of plan assets, after subtracting liabilities of the plan, was $116,362,790 as of December 31, 2004, compared to $94,527,236 as of January 1, 2004. During the plan year the plan experienced an increase in its net assets of $21,835,554. This increase includes unrealized appreciation and depreciation in the value of plan assets; that is, the difference between the value of the plan's assets at the end of the year and the value of the assets at the beginning of the year or the cost of assets acquired during the year. The plan had total income of $22,969,790 including employer contributions of $4,089,388, employee contributions of $8,051,665, and earnings from investments of $9,229,220. Your Rights To Additional Information You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report: 1. an accountant's report; 2. financial information and information on payments to service providers; 3. assets held for investment; and 4. information regarding any common or collective trusts, pooled separate accounts, master trusts or 103-12 investment entities in which the plan participates. To obtain a copy of the full annual report, or any part thereof, write or call BECHTEL JACOBS COMPANY, LLC, HIGHWAY 58, BUILDING 1330, OAK RIDGE, TN 37831-7020, (865) 241-2664. You also have the right to receive from the plan administrator, on request and at no charge, a statement of the assets and liabilities of the plan and accompanying notes, or a statement of income and expenses of the plan and accompanying notes, or both. If you request a copy of the full annual report from the plan administrator, these two statements and accompanying notes will be included as part of that report. You also have the legally protected right to examine the annual report at the main office of the plan (BECHTEL JACOBS COMPANY, LLC, HIGHWAY 58, BUILDING 1330, OAK RIDGE, TN 37831-7020) and at the U.S. Department of Labor in Washington, D.C., or to obtain a copy from the U.S. Department of Labor upon payment of copying costs. Requests to the Department should be addressed to: Public Disclosure Room, Room N1513, Employee Benefits Security Administration, U.S. Depart. of Labor, 200 Constitution Avenue, N.W., Washington, D.C. 20210. ********************************************************************* IMPORTANT NOTICE: WOMENS HEALTH AND CANCER RIGHTS ACT (WHCRA) Under the Womens Health and Cancer Rights Act of 1998, this will serve as the annual notice that when a covered individual receives benefits for a mastectomy and decides to have breast reconstruction, based on consultation between the attending physician and the patient, the health plan must cover (1) reconstruction of the breast on which the mastectomy was performs, (2) surgery and reconstruction of the other breast to produce symmetrical appearance, and (3) prostheses and (4) physical complications in all stages of mastectomy, including lymphedemas. The coverage must be the same as for any other benefit under the plan. If you have any questions about your medical coverage of mastectomies and reconstructive surgery, contact Aetna Member Services between 9:00am and 9:00pm EST at 1.888.238.6203. ********************************************************************* EMPLOYEE ASSISTANCE PROGRAM (EAP): NEW INFORMATION Aetnas Employee Assistance Program (EAP) is available! Many people think that an EAP is only for people who need counseling. But the Aetna EAP is designed for anyone who could use a little help in managing demanding everyday situations. With a wide variety of supportive services in areas such as elder care, child care, legal and financial matters and more, the Aetna EAP can be your life management resource. Using the Aetna EAP can help you save time and effort because the resources are in one place. Best of all, you have confidential access to the program, which is offered at no cost to you. Accessing the Aetna EAP is easy. You can call 1-888-238-6232, 24 hours a day, seven days a week. When you call, a specially trained professional will guide you to resources than can address your needs. Or you can visit www.AetnaEAP.com for easy access to information, interactive tools, and self-assessments. To enter the website, use the Company ID: MYBJCEAP. |
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Working for Fair, Equitable, and Competitive Benefitsfor13,000 Former K-25, Y-12, and ORNL EmployeesCoalition of Oak Ridge Retired Employees P.O. Box 4266, Oak Ridge, Tennessee 37831-4366
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| Date Modified: 12
March 2007 |