Back to top
FORM 5500 DATA

Anheuser-Busch 401k Savings and Retirement Plan

Overview

Plan Information

  • Plan Year01/01/2014 — 12/31/2014
  • Date of Plan01/08/1985
  • Net Assets as of 12/31/2014 $3,104,560,000
  • Plan Number59
  • Plan Type Single Employer
  • Is the plan collectively bargained?Yes
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2014

  • Active (Eligible) Participants13,563
  • Retired or separated participants receiving benefits6
  • Other retired or separated participants entitled to future benefits4,071
  • Subtotal17,640
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits3
  • Total17,643
  • Total number of participants as of 01/01/201417,199
  • Number of participants with account balances16,272
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested366

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • AddressOne Busch Place 202-4N
  • CitySt Louis
  • StateMO
  • Zip63118-1852
  • Telephone(314) 765-3134
  • EIN43-1162835
  • Industry Code312120
  • Named AdministratorRobert Zimmer
  • Named Plan SponsorRobert Zimmer

Audit Information

  • Audit StatusAudited
  • AuditorGrant Thornton LLP
  • Auditor EIN36-6055558
  • Audit OpinionUnqualified
  • Audit Type Full Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2K Code section 401(m) arrangement Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $1,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $315,617,000
Contributions $125,942,000
Cash Contributions $125,942,000
Cash from Employers $50,084,000
Cash from Participants $69,604,000
Others (including rollovers) $6,254,000
Noncash Contributions $0
Total Earnings on Investments $189,675,000
Total Interest $2,805,000
Interest-Bearing Cash $1,000
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $2,804,000
Interest from Other Investments $0
Total Dividends $6,093,000
Preferred Stock $0
Common Stock $6,093,000
Rents $0
Net gain (loss) on sale of assets $1,904,000
Aggregate Proceeds $414,674,000
Aggregate Carrying Amount $412,770,000
Total Unrealized Appreciation (depreciation) of assets $12,650,000
Real Estate $0
Other $12,650,000
Net investment gain (loss) from common/collective trusts $166,223,000
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $294,621,000
Total Benefit Payments $291,793,000
Directly to participants or beneficiaries, including direct rollovers $291,793,000
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $2,828,000
Professional Fees $41,000
Contract Administrator Fees $0
Investment Advisory and management fees $1,389,000
Other Administrative Fees $1,398,000
Net Income $20,996,000
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2014 12/31/2013 Change YOY
Total Assets $3,104,560,000 $3,083,564,000 0.68%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $26,452,000 $22,674,000 16.66%
Employer Contributions $26,452,000 $22,674,000 16.66%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $422,556,000 $481,986,000 -12.33%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $422,556,000 $481,986,000 -12.33%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $68,792,000 $69,779,000 -1.41%
Value of interest in common/collective trusts $2,344,840,000 $2,295,365,000 2.16%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $896,000 $1,128,000 -20.57%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $241,024,000 $212,632,000 13.35%
Employer Securities $241,024,000 $212,632,000 13.35%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $0 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $3,104,560,000 $3,083,564,000 0.68%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Mercer Hr Services, LLC Recordkeeping and information management (computing, tabulating, data processing, etc.), Other services, Sub-transfer agency fees, Account maintenance fees, Participant loan processing, Direct payment from the plan, Float revenue, Other fees, Participant communication, Shareholder servicing fees, Recordkeeping fees NONE $900,000 $158,904 $1,058,904
State Street Global Advisors Investment management, Direct payment from the plan, Investment management fees paid directly by plan NONE $643,000 $0 $643,000
Financial Engines Investment advisory (participants), Investment management fees paid directly by plan, Investment management, Direct payment from the plan NONE $611,000 $0 $611,000
Bny Mellon Custodial (other than securities), Trustee (directed), Other fees, Custodial (securities), Other services, Trustee (bank, trust company, or similar financial institution), Direct payment from the plan NONE $362,000 $0 $362,000
Mellon Capital Management Corp Investment management, Direct payment from the plan, Investment management fees paid directly by plan Subsidiary of Trustee $121,000 $0 $121,000
Rr Donnelly Copying and duplicating, Direct payment from the plan NONE $46,000 $0 $46,000
Anheuser-Busch Companies, LLC Plan Administrator, Direct payment from the plan Employer $43,000 $0 $43,000
Grant Thornton LLP Accounting (including auditing), Direct payment from the plan NONE $35,000 $0 $35,000
Towers Watson Pennsylvania Consulting (general), Direct payment from the plan, Other fees NONE $27,000 $0 $27,000
K Force Professionals Other services, Direct payment from the plan NONE $14,000 $0 $14,000
Broadridge Investor Investment management, Direct payment from the plan, Investment management fees paid directly by plan NONE $14,000 $0 $14,000
Rubinbrown LLP Accounting (including auditing), Direct payment from the plan NONE $6,000 $0 $6,000
Advertisers Printing Company Copying and duplicating, Direct payment from the plan NONE $6,000 $0 $6,000
Total $2,828,000 $158,904 $2,986,904

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Mercer Hr Services, LLC Financial Engines Recordkeeping and information management (computing, tabulating, data processing, etc.), Recordkeeping fees, Account maintenance fees, Other fees Recordkeeping $152,650
Mercer Hr Services, LLC Wells Fargo, N.A. Recordkeeping and information management (computing, tabulating, data processing, etc.), Float revenue Float Revenue $6,254
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Bnym Stock Index Fund The Bank of New York Mellon DFE: Common/Collective Trust $768,332,000
Bnym Market Completion Fund The Bank of New York Mellon DFE: Common/Collective Trust $531,538,000
Bnym Aggregate Bond Index Fund The Bank of New York Mellon DFE: Common/Collective Trust $284,850,000
Ssga U.S. Intermediate Govt. Bd Fd State Street Bank & Trust Company DFE: Common/Collective Trust $179,960,000
Ssga International Index Fund State Street Bank & Trust Company DFE: Common/Collective Trust $68,209,000
Ssga Target 2020 A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $63,681,000
Ssga Target 2025 A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $63,352,000
Ssga Target 2030 A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $42,147,000
Ssga U.S. Tips A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $35,910,000
Ssga Target 2015 A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $28,966,000
Ssga Target 2035 A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $28,488,000
Ssga Target 2040 A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $22,600,000
Ssga Target 2045 A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $17,293,000
Ssga Global Equity Ex U.S. A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $17,000,800
Ssga Target 2050 A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $11,596,000
Ssga Target 2055 A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $11,028,000
Ssga Target 2010 A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $9,082,000
Ssga Target Income A Unit State Street Bank & Trust Company DFE: Common/Collective Trust $7,800,000
Total $2,191,832,800

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.