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FORM 5500 DATA

Jacobs Engineering Group Inc. 401k Plus Savings Plan and Trust

Overview

Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan10/01/1974
  • Net Assets as of 12/31/2019 $4,971,684,100
  • Plan Number2
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • 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 12/31/2019

  • Active (Eligible) Participants15,686
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits16,190
  • Subtotal31,876
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total31,876
  • Total number of participants as of 01/01/201930,921
  • Number of participants with account balances31,406
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested1

Expenses

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

Sponsor Information

  • Address1999 Bryan Street Ste 1200
  • CityDallas
  • StateTX
  • Zip75201
  • Telephone(626) 578-3500
  • EIN95-4081636
  • Industry Code541330
  • Named AdministratorMichelle Williams

Audit Information

  • Audit StatusAudited
  • AuditorErnst & Young, LLP
  • Auditor EIN34-6565596
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope 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)).
3J Puerto Rico Plan U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 8565 of the Puerto Rico Code.

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 $15,000,000
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? Yes
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? Yes

Financials

Income and Expense Statement

Income $1,163,952,800
Contributions $226,884,500
Cash Contributions $226,884,500
Cash from Employers $48,070,800
Cash from Participants $152,485,100
Others (including rollovers) $26,328,600
Noncash Contributions $0
Total Earnings on Investments $936,951,100
Total Interest $1,448,500
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $1,448,500
Interest from Other Investments $0
Total Dividends $63,873,700
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $512,506,900
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $134,461,300
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $224,660,700
Other Income $117,200
Expenses $381,426,900
Total Benefit Payments $379,603,400
Directly to participants or beneficiaries, including direct rollovers $379,603,400
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $65,400
Certain deemed distributions of participant loans $-123,200
Interest expense $0
Total Administrative Expenses $1,881,300
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $1,881,300
Net Income $782,525,900
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $229,723,600

Asset and Liability Statement

12/31/2019 12/31/2018 Change YOY
Total Assets $4,971,684,100 $4,405,255,800 12.86%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $29,531,100 -100.00%
Employer Contributions $0 $0 0.0%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $29,531,100 -100.00%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
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 $29,175,300 $32,061,200 -9.00%
Value of interest in common/collective trusts $3,233,491,700 $2,912,515,000 11.02%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $331,556,800 $258,922,400 28.05%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $1,377,460,300 $1,172,226,100 17.51%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
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 $4,971,684,100 $4,405,255,800 12.86%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • The Vanguard Group, Inc.

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
The Vanguard Group, Inc. Recordkeeping and information management (computing, tabulating, data processing, etc.), Consulting (general), Trustee (directed), Investment advisory (participants), Participant loan processing, Investment management fees paid indirectly by plan, Other fees NONE $1,460,252 $0 $1,460,252
Irvins, Phillips and Barker, Chtd Legal NONE $156,448 $0 $156,448
Jacobs Employee (plan sponsor) Plan Sponsor $88,115 $0 $88,115
Plante & Moran PLLC Accounting (including auditing) NONE $58,954 $0 $58,954
State Street Global Advisors Investment management fees paid directly by plan NONE $52,917 $0 $52,917
Angeles Investment Advisors, LLC Investment advisory (plan) NONE $40,090 $0 $40,090
Ernst & Young Us LLP Accounting (including auditing) NONE $31,000 $0 $31,000
Fidelity Inv Instl Ops Co, Inc. Recordkeeping and information management (computing, tabulating, data processing, etc.) NONE $27,379 $0 $27,379
Total $1,915,155 $0 $1,915,155

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
The Vanguard Group, Inc. Dodge & Cox Recordkeeping fees 10 Bps $0
*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
Vanguard Instl 500 Index Trust Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $481,427,100
Vftc Target Ret 2025 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $452,731,400
Vftc Target Ret 2030 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $347,666,900
Vftc Target Ret 2035 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $341,406,100
Jacobs Engine Grp Inc Master Tr Jacobs Engineering Group, Inc. DFE: Master Trust Investment Account $331,556,800
Vftc Retirements Savings Trust II Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $269,438,500
Vftc Target Ret 2020 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $268,285,800
Vanguard Inst Ttl Bond Mkt Index Tr Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $259,116,000
Vftc Target Ret 2040 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $218,308,400
Vftc Target Ret 2045 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $167,521,300
Vftc Target Ret 2015 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $129,703,300
Vanguard Inst Ttl Inter Stk Mrkt Tr Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $98,137,800
Vftc Target Ret 2050 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $76,944,300
Vftc Target Ret Income Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $66,219,100
Vftc Target Ret 2055 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $39,564,400
Vftc Target Ret 2060 Trust Select Vanguard Fiduciary Trust Company DFE: Common/Collective Trust $12,713,300
Vftc Target Ret 2065 Trust Select Vangaurd Fiduciary Trust Company DFE: Common/Collective Trust $4,308,000
Total $3,565,048,500

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.