ACME CONSTRUCTION 401k Plan overview

ACME CONSTRUCTION Benefits

401k Sponsoring company profile

Company Name:	ACME CONSTRUCTION, INC.
Employer identification number (EIN):	110000034
NAIC Classification:	236110

Form 5500 Filing Information

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2020-01-01	TEST PADMIN	2021-02-14

Plan Statistics for ACME CONSTRUCTION

Measure	Date	Value
2020: ACME CONSTRUCTION 2020 401k membership
Market value of plan assets	2020-12-31	100,000,000
Acturial value of plan assets	2020-12-31	100,000,000
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	119,700,000
Number of terminated vested participants	2020-12-31	10
Fundng target for terminated vested participants	2020-12-31	100,000
Active participant vested funding target	2020-12-31	100,000
Number of active participants	2020-12-31	1
Total funding liabilities for active participants	2020-12-31	200,000
Total participant count	2020-12-31	61
Total funding target for all participants	2020-12-31	120,000,000
Balance at beginning of prior year after applicable adjustments	2020-12-31	4,000
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	3,000
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	1,000
Prefunding balanced used to offset prior years funding requirement	2020-12-31	1,000
Amount remaining of carryover balance	2020-12-31	3,000
Amount remaining of prefunding balance	2020-12-31	2,000
Present value of excess contributions	2020-12-31	1,000
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	1,100
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	1,000
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	3,300
Balance of prefunding at beginning of current year	2020-12-31	3,200
Total employer contributions	2020-12-31	7,000,000
Total employee contributions	2020-12-31	7,000,000
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	100
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	100
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	100
Liquidity shortfalls end of Q1	2020-12-31	100
Liquidity shortfalls end of Q2	2020-12-31	100
Liquidity shortfalls end of Q3	2020-12-31	100
Liquidity shortfalls end of Q4	2020-12-31	100
Unpaid minimum required contributions for all prior years	2020-12-31	100
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	100
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	100,000
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Waived amount of outstanding balance	2020-12-31	20,000
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	80,000
Carryover balance elected to use to offset funding requirement	2020-12-31	3,300
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	76,700
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	100
Unpaid minimum required contributions for current year	2020-12-31	76,600
Unpaid minimum required contributions for all years	2020-12-31	76,600

Potentially related plans

• ACME CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN [EIN = 340974406]
• ACME CONSTRUCTION SUPPLY CO., INC. GROUP DENTAL PLAN [EIN = 930805825]
• ACME CONSTRUCTION SUPPLY CO., INC. GROUP HEALTH PLAN [EIN = 930805825]
• ACME CONSTRUCTION SUPPLY CO., INC. LIFE INSURANCE PLAN [EIN = 930805825]
• ACME CONSTRUCTION SUPPLY CO., INC. LONG-TERM DISABILITY PLAN [EIN = 930805825]
• ACME CONSTRUCTION SUPPLY CO., INC. SHORT-TERM DISABILITY PLAN [EIN = 930805825]
• ACME CONSTRUCTION, INC. 401(K) PLAN [EIN = 870417501]
• ACME CONSTRUCTION CO. INC. PROFIT SHARING 401(K) PLAN [EIN = 941383974]
• ACME CONSTRUCTION SUPPLY CO., INC. 401(K) RETIREMENT SAVINGS PLAN [EIN = 930805825]
• ACME CONSTRUCTION SERVICES, INC. 401(K) AND PROFIT SHARING PLAN [EIN = 310712995]
• ACME CONSTRUCTION SUPPLY CO., INC. WELFARE BENEFIT PLAN [EIN = 930805825]

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