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INSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN 401k Plan overview

Plan NameINSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN
Plan identification number 001

INSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).

401k Sponsoring company profile

INSTITUTE FOR COMMUNITY RESEARCH, INC has sponsored the creation of one or more 401k plans.

Company Name:INSTITUTE FOR COMMUNITY RESEARCH, INC
Employer identification number (EIN):060653116
NAIC Classification:541700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01JIANGHONG LI2022-10-07 JIANGHONG LI2022-10-07
0012020-01-01MARGARET R. WEEKS2021-10-14 MARGARET R. WEEKS2021-10-14
0012019-01-01SUSAN MURPHY2020-09-25
0012018-01-01SUSAN MURPHY2019-10-10
0012017-01-01SUSAN MURPHY2018-10-12
0012016-01-01SUSAN MURPHY2017-10-05 SUSAN MURPHY2017-10-05
0012015-01-01SUSAN MURPHY2016-09-29 SUSAN MURPHY2016-09-29
0012014-01-01SUSAN MURPHY2015-10-02 SUSAN MURPHY2015-10-02
0012013-01-01SUSAN MURPHY2014-09-25
0012012-01-01SUSAN MURPHY2013-09-24 SUSAN MURPHY2013-09-24
0012011-01-01MARGARET R. WEEKS2012-09-25
0012010-01-01MARGARET R. WEEKS2011-09-30

Plan Statistics for INSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN

401k plan membership statisitcs for INSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN

Measure Date Value
2021: INSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets2021-12-314,714,091
Acturial value of plan assets2021-12-314,381,263
Funding target for retired participants and beneficiaries receiving payment2021-12-31468,701
Number of terminated vested participants2021-12-3149
Fundng target for terminated vested participants2021-12-311,709,319
Active participant vested funding target2021-12-311,393,995
Number of active participants2021-12-3112
Total funding liabilities for active participants2021-12-311,398,285
Total participant count2021-12-3172
Total funding target for all participants2021-12-313,576,305
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-311,034,226
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 balance2021-12-311,034,226
Present value of excess contributions2021-12-31295,777
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31312,015
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 year2021-12-311,177,363
Total employer contributions2021-12-31197,000
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 date2021-12-31188,675
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 cost2021-12-3129,190
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3129,190
Additional cash requirement2021-12-3129,190
Contributions allocatedtoward minimum required contributions for current year2021-12-31188,675
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: INSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-313,986,501
Acturial value of plan assets2020-12-313,881,513
Funding target for retired participants and beneficiaries receiving payment2020-12-31497,107
Number of terminated vested participants2020-12-3146
Fundng target for terminated vested participants2020-12-311,719,947
Active participant vested funding target2020-12-311,326,315
Number of active participants2020-12-3118
Total funding liabilities for active participants2020-12-311,342,054
Total participant count2020-12-3177
Total funding target for all participants2020-12-313,559,108
Balance at beginning of prior year after applicable adjustments2020-12-3165,835
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31906,390
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 balance2020-12-3165,835
Amount remaining of prefunding balance2020-12-31906,390
Present value of excess contributions2020-12-31378
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31399
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 elections2020-12-3176,836
Reductions in prefunding balances due to elections or deemed elections2020-12-3123,622
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-311,034,226
Total employer contributions2020-12-31514,000
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 date2020-12-31481,319
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 cost2020-12-31185,542
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31185,542
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-31185,542
Contributions allocatedtoward minimum required contributions for current year2020-12-31481,319
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: INSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-313,686,211
Acturial value of plan assets2019-12-313,927,630
Funding target for retired participants and beneficiaries receiving payment2019-12-31302,552
Number of terminated vested participants2019-12-3151
Fundng target for terminated vested participants2019-12-311,660,221
Active participant vested funding target2019-12-311,418,984
Number of active participants2019-12-3116
Total funding liabilities for active participants2019-12-311,429,557
Total participant count2019-12-3179
Total funding target for all participants2019-12-313,392,330
Balance at beginning of prior year after applicable adjustments2019-12-3168,923
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31907,762
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 balance2019-12-3168,923
Amount remaining of prefunding balance2019-12-31907,762
Present value of excess contributions2019-12-3137,131
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3139,296
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-3139,296
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 year2019-12-3165,835
Balance of prefunding at beginning of current year2019-12-31906,390
Total employer contributions2019-12-31182,314
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 date2019-12-31175,913
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 cost2019-12-31175,535
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31175,535
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31175,535
Contributions allocatedtoward minimum required contributions for current year2019-12-31175,913
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: INSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-314,155,581
Acturial value of plan assets2018-12-314,070,656
Funding target for retired participants and beneficiaries receiving payment2018-12-31238,259
Number of terminated vested participants2018-12-3163
Fundng target for terminated vested participants2018-12-311,769,815
Active participant vested funding target2018-12-311,339,657
Number of active participants2018-12-3118
Total funding liabilities for active participants2018-12-311,424,616
Total participant count2018-12-3192
Total funding target for all participants2018-12-313,432,690
Balance at beginning of prior year after applicable adjustments2018-12-3162,481
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31822,919
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 balance2018-12-3162,481
Amount remaining of prefunding balance2018-12-31822,919
Present value of excess contributions2018-12-317,248
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-317,685
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 year2018-12-3168,923
Balance of prefunding at beginning of current year2018-12-31907,762
Total employer contributions2018-12-31219,625
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 date2018-12-31208,568
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 cost2018-12-31171,437
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31171,437
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31171,437
Contributions allocatedtoward minimum required contributions for current year2018-12-31208,568
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: INSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-313,852,515
Acturial value of plan assets2017-12-313,940,588
Funding target for retired participants and beneficiaries receiving payment2017-12-31231,768
Number of terminated vested participants2017-12-3165
Fundng target for terminated vested participants2017-12-311,620,715
Active participant vested funding target2017-12-311,143,826
Number of active participants2017-12-3116
Total funding liabilities for active participants2017-12-311,148,780
Total participant count2017-12-3192
Total funding target for all participants2017-12-313,001,263
Balance at beginning of prior year after applicable adjustments2017-12-3159,100
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31520,486
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 balance2017-12-3159,100
Amount remaining of prefunding balance2017-12-31520,486
Present value of excess contributions2017-12-31256,670
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31272,661
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-31272,661
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 year2017-12-3162,481
Balance of prefunding at beginning of current year2017-12-31822,919
Total employer contributions2017-12-31100,262
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 date2017-12-3195,297
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 cost2017-12-31141,974
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3188,049
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-3188,049
Contributions allocatedtoward minimum required contributions for current year2017-12-3195,297
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: INSTITUTE FOR COMMUNITY RESARCH, INC DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-313,455,471
Acturial value of plan assets2016-12-313,612,817
Funding target for retired participants and beneficiaries receiving payment2016-12-31249,413
Number of terminated vested participants2016-12-3162
Fundng target for terminated vested participants2016-12-311,451,471
Active participant vested funding target2016-12-31904,482
Number of active participants2016-12-3114
Total funding liabilities for active participants2016-12-31907,447
Total participant count2016-12-3189
Total funding target for all participants2016-12-312,608,331
Balance at beginning of prior year after applicable adjustments2016-12-3158,882
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31425,776
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 balance2016-12-3158,882
Amount remaining of prefunding balance2016-12-31425,776
Present value of excess contributions2016-12-3187,516
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3193,135
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-3193,135
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-3159,100
Balance of prefunding at beginning of current year2016-12-31520,486
Total employer contributions2016-12-31271,980
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 date2016-12-31256,670
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 cost2016-12-31113,941
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 year2016-12-31256,670
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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