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LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN 401k Plan overview

Plan NameLAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN
Plan identification number 002

LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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).
  • Plan covering Self-Employed individuals.
  • 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

LAW OFFICE OF ATTORNEY WILLIAM T. GERACE has sponsored the creation of one or more 401k plans.

Company Name:LAW OFFICE OF ATTORNEY WILLIAM T. GERACE
Employer identification number (EIN):061136321
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01WILLIAM T. GERACE2015-08-26
0022013-01-01WILLIAM T. GERACE2014-06-12
0022012-01-01WILLIAM T. GERACE2013-06-11
0022011-01-01WILLIAM T. GERACE2012-10-05
0022010-01-01WILLIAM T. GERACE
0022009-01-01WILLIAM T. GERACE

Plan Statistics for LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN

401k plan membership statisitcs for LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN

Measure Date Value
2017: LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-312,716,547
Acturial value of plan assets2017-12-312,716,547
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-311
Fundng target for terminated vested participants2017-12-3124,616
Active participant vested funding target2017-12-312,775,863
Number of active participants2017-12-312
Total funding liabilities for active participants2017-12-312,775,863
Total participant count2017-12-313
Total funding target for all participants2017-12-312,800,479
Balance at beginning of prior year after applicable adjustments2017-12-3120,346
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31121,089
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 balance2017-12-3120,346
Amount remaining of prefunding balance2017-12-31121,089
Present value of excess contributions2017-12-31127,918
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31135,133
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 year2017-12-3122,606
Balance of prefunding at beginning of current year2017-12-31134,542
Total employer contributions2017-12-3140,000
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 date2017-12-3139,027
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 cost2017-12-318,709
Net shortfall amortization installment of oustanding balance2017-12-31241,080
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3154,294
Carryover balance elected to use to offset funding requirement2017-12-3122,565
Prefunding balance elected to use to offset funding requirement2017-12-31134,542
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-3139,027
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-312,228,827
Acturial value of plan assets2016-12-312,228,827
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-311
Fundng target for terminated vested participants2016-12-3122,211
Active participant vested funding target2016-12-312,587,028
Number of active participants2016-12-312
Total funding liabilities for active participants2016-12-312,587,028
Total participant count2016-12-313
Total funding target for all participants2016-12-312,609,239
Balance at beginning of prior year after applicable adjustments2016-12-3148,480
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31140,834
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 balance2016-12-3148,480
Amount remaining of prefunding balance2016-12-31140,834
Present value of excess contributions2016-12-3142,866
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3145,219
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 elections2016-12-3121,337
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-3120,346
Balance of prefunding at beginning of current year2016-12-31121,089
Total employer contributions2016-12-31235,000
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 date2016-12-31225,224
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 cost2016-12-3111,085
Net shortfall amortization installment of oustanding balance2016-12-31521,847
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3197,306
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-3197,306
Contributions allocatedtoward minimum required contributions for current year2016-12-31225,224
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
2010: LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-013
Total number of active participants reported on line 7a of the Form 55002010-01-013
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013
Total number of active participants reported on line 7a of the Form 55002009-01-013
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN

Measure Date Value
2010 : LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$455,041
Expenses. Total of all expenses incurred2010-12-31$0
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$1,596,437
Total plan assets at beginning of year2010-12-31$1,141,396
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$0
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$180,041
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$455,041
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,596,437
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,141,396
Total contributions received or receivable from employer(s)2010-12-31$275,000
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN

2010: LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: LAW OFFICE OF ATTORNEY WILLIAM T. GERACE DEFINED BENEFIT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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