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G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameG & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN
Plan identification number 003

G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

G & W FOUNDRY CORP. has sponsored the creation of one or more 401k plans.

Company Name:G & W FOUNDRY CORP.
Employer identification number (EIN):042535219
NAIC Classification:331500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01
0032016-01-01
0032015-01-01
0032014-01-01
0032013-01-01
0032012-01-01JAMES T. BRUSO2013-09-09
0032011-01-01JAMES T. BRUSO2012-10-04
0032010-01-01JAMES T. BRUSO2011-08-23

Plan Statistics for G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2022: G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets2022-05-056,699,716
Acturial value of plan assets2022-05-056,699,716
Funding target for retired participants and beneficiaries receiving payment2022-05-050
Number of terminated vested participants2022-05-050
Fundng target for terminated vested participants2022-05-050
Active participant vested funding target2022-05-055,900,413
Number of active participants2022-05-056
Total funding liabilities for active participants2022-05-055,900,413
Total participant count2022-05-056
Total funding target for all participants2022-05-055,900,413
Balance at beginning of prior year after applicable adjustments2022-05-050
Prefunding balance at beginning of prior year after applicable adjustments2022-05-050
Carryover balanced portion elected for use to offset prior years funding requirement2022-05-050
Prefunding balanced used to offset prior years funding requirement2022-05-050
Amount remaining of carryover balance2022-05-050
Amount remaining of prefunding balance2022-05-050
Present value of excess contributions2022-05-05508,484
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-05-05536,603
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-05-050
Reductions in caryover balances due to elections or deemed elections2022-05-050
Reductions in prefunding balances due to elections or deemed elections2022-05-050
Balance of carryovers at beginning of current year2022-05-050
Balance of prefunding at beginning of current year2022-05-050
Total employer contributions2022-05-050
Total employee contributions2022-05-050
Contributions allocated toward unpaid minimum require contributions from prior years2022-05-050
Contributions made to avoid restrictions adjusted to valuation date2022-05-050
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-05-050
Unpaid minimum required contributions for all prior years2022-05-050
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-05-050
Remaining amount of unpaid minimum required contributions2022-05-050
Minimum required contributions for current year target normal cost2022-05-050
Net shortfall amortization installment of oustanding balance2022-05-050
Waiver amortization installment2022-05-050
Total funding amount beforereflecting carryover/prefunding balances2022-05-050
Carryover balance elected to use to offset funding requirement2022-05-050
Prefunding balance elected to use to offset funding requirement2022-05-050
Additional cash requirement2022-05-050
Contributions allocatedtoward minimum required contributions for current year2022-05-050
Unpaid minimum required contributions for current year2022-05-050
Unpaid minimum required contributions for all years2022-05-050
2021: G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-315,620,220
Acturial value of plan assets2021-12-315,620,220
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-310
Fundng target for terminated vested participants2021-12-310
Active participant vested funding target2021-12-315,120,905
Number of active participants2021-12-313
Total funding liabilities for active participants2021-12-315,120,905
Total participant count2021-12-313
Total funding target for all participants2021-12-315,120,905
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-31200,722
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31211,461
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-31544,800
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-31508,484
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31210,208
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-31508,484
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-314,746,159
Acturial value of plan assets2020-12-314,746,159
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-314,652,487
Number of active participants2020-12-313
Total funding liabilities for active participants2020-12-314,652,487
Total participant count2020-12-313
Total funding target for all participants2020-12-314,652,487
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-3149,607
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3152,296
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-31400,000
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31369,123
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31262,073
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31168,401
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-31168,401
Contributions allocatedtoward minimum required contributions for current year2020-12-31369,123
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-313,971,109
Acturial value of plan assets2019-12-313,971,109
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-314,121,259
Number of active participants2019-12-313
Total funding liabilities for active participants2019-12-314,121,259
Total participant count2019-12-313
Total funding target for all participants2019-12-314,121,259
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-31309,493
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31327,134
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-31300,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31276,986
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31202,981
Net shortfall amortization installment of oustanding balance2019-12-31150,150
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31227,379
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31227,379
Contributions allocatedtoward minimum required contributions for current year2019-12-31276,986
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-313,697,149
Acturial value of plan assets2018-12-313,697,149
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-313,588,013
Number of active participants2018-12-313
Total funding liabilities for active participants2018-12-313,588,013
Total participant count2018-12-313
Total funding target for all participants2018-12-313,588,013
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-31433
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31458
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-31400,000
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31369,346
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31168,989
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3159,853
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-3159,853
Contributions allocatedtoward minimum required contributions for current year2018-12-31369,346
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-313,137,614
Acturial value of plan assets2017-12-313,137,614
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-313,075,143
Number of active participants2017-12-313
Total funding liabilities for active participants2017-12-313,075,143
Total participant count2017-12-313
Total funding target for all participants2017-12-313,075,143
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-31186,232
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31197,667
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31114,452
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31104,460
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31166,498
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31104,027
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31104,027
Contributions allocatedtoward minimum required contributions for current year2017-12-31104,460
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: G & W FOUNDRY CORP. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-312,918,467
Acturial value of plan assets2016-12-312,918,467
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-312,647,320
Number of active participants2016-12-313
Total funding liabilities for active participants2016-12-312,647,320
Total participant count2016-12-313
Total funding target for all participants2016-12-312,647,320
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-31278,725
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31296,285
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31200,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31186,232
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31146,908
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31186,232
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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