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B & P CHIMNEY CLEANING & REPAIR CO. , INC. DEFINED BENEFIT PLAN 401k Plan overview

Plan NameB & P CHIMNEY CLEANING & REPAIR CO. , INC. DEFINED BENEFIT PLAN
Plan identification number 001

B & P CHIMNEY CLEANING & REPAIR CO. , INC. DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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

B & P CHIMNEY CLEANING & REPAIR CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:B & P CHIMNEY CLEANING & REPAIR CO., INC.
Employer identification number (EIN):112631611
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan B & P CHIMNEY CLEANING & REPAIR CO. , INC. DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01PAUL LONERGAN2021-06-30 PAUL LONERGAN2021-06-30
0012019-01-01PAUL LONERGAN2020-10-03 PAUL LONERGAN2020-10-03
0012018-01-01PAUL LONERGAN2019-06-01 PAUL LONERGAN2019-06-01
0012017-01-01PAUL LONERGAN2018-08-23
0012016-01-01PAUL LONERGAN2017-03-04
0012015-01-01PAUL LONERGAN2016-06-20
0012014-01-01PAUL LONERGAN2015-06-18
0012013-01-01PAUL LONERGAN2014-06-30
0012012-01-01PAUL LONERGAN2013-07-22
0012011-01-01PAUL LONERGAN2012-06-13
0012010-01-01PAUL LONERGAN2011-10-06

Plan Statistics for B & P CHIMNEY CLEANING & REPAIR CO. , INC. DEFINED BENEFIT PLAN

401k plan membership statisitcs for B & P CHIMNEY CLEANING & REPAIR CO. , INC. DEFINED BENEFIT PLAN

Measure Date Value
2020: B & P CHIMNEY CLEANING & REPAIR CO. , INC. DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-311,874,421
Acturial value of plan assets2020-12-311,874,421
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 target2020-12-312,103,240
Number of active participants2020-12-312
Total funding liabilities for active participants2020-12-312,103,240
Total participant count2020-12-312
Total funding target for all participants2020-12-312,103,240
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 contributions2020-12-31119,754
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31119,754
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 contributions2020-12-3176,000
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 date2020-12-3175,850
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 cost2020-12-310
Net shortfall amortization installment of oustanding balance2020-12-31228,819
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3137,062
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-3137,062
Contributions allocatedtoward minimum required contributions for current year2020-12-3175,850
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: B & P CHIMNEY CLEANING & REPAIR CO. , INC. DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-311,779,761
Acturial value of plan assets2019-12-311,779,761
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 target2019-12-311,389,886
Number of active participants2019-12-312
Total funding liabilities for active participants2019-12-311,389,886
Total participant count2019-12-312
Total funding target for all participants2019-12-311,389,886
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3148,485
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-3148,485
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
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 contributions2019-12-31120,000
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 date2019-12-31119,754
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 cost2019-12-31106,915
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-31119,754
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: B & P CHIMNEY CLEANING & REPAIR CO. , INC. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-311,415,999
Acturial value of plan assets2018-12-311,367,514
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 target2018-12-311,507,425
Number of active participants2018-12-312
Total funding liabilities for active participants2018-12-311,507,425
Total participant count2018-12-312
Total funding target for all participants2018-12-311,507,425
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 contributions2018-12-3199,926
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-3199,926
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-3148,485
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 year2018-12-3148,485
Total employer contributions2018-12-31100,000
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 date2018-12-3199,957
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 cost2018-12-31125,602
Net shortfall amortization installment of oustanding balance2018-12-31139,911
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31148,442
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-3148,485
Additional cash requirement2018-12-3199,957
Contributions allocatedtoward minimum required contributions for current year2018-12-3199,957
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: B & P CHIMNEY CLEANING & REPAIR CO. , INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-311,432,909
Acturial value of plan assets2017-12-311,432,909
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 target2017-12-311,260,828
Number of active participants2017-12-312
Total funding liabilities for active participants2017-12-311,260,828
Total participant count2017-12-312
Total funding target for all participants2017-12-311,260,828
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 contributions2017-12-31100,047
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31100,047
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 contributions2017-12-31100,000
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 date2017-12-3199,926
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 cost2017-12-31114,621
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-3199,926
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: B & P CHIMNEY CLEANING & REPAIR CO. , INC. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-311,189,441
Acturial value of plan assets2016-12-311,189,441
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 target2016-12-311,044,380
Number of active participants2016-12-312
Total funding liabilities for active participants2016-12-311,044,380
Total participant count2016-12-312
Total funding target for all participants2016-12-311,044,380
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 contributions2016-12-3179,801
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3179,801
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 contributions2016-12-31100,000
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 date2016-12-31100,047
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 cost2016-12-31104,438
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 year2016-12-31100,047
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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