401k Plan data: THE RAINES GROUP DEFINED BENEFIT PLAN plan

THE RAINES GROUP DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	THE RAINES GROUP DEFINED BENEFIT PLAN
Plan identification number	002

THE RAINES GROUP DEFINED BENEFIT PLAN Benefits

401k Plan Type

Defined 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).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
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

THE RAINES GROUP has sponsored the creation of one or more 401k plans.

Company Name: THE RAINES GROUP

Employer identification number (EIN): 113671700

NAIC Classification: 531210
NAIC Description: Offices of Real Estate Agents and Brokers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE RAINES GROUP DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2018-01-01 STEPHANIE MASTERSON 2019-04-23
002 2017-01-01 STEPHANIE MASTERSON 2018-10-11
002 2016-01-01 STEPHANIE MASTERSON 2017-09-28
002 2015-01-01 STEPHANIE MASTERSON 2016-10-13
002 2014-01-01 STEPHANIE MASTERSON 2015-10-02
002 2013-01-01 JUDITH MURRAY 2014-10-13
002 2012-01-01 JUDITH MURRAY 2013-10-15
002 2011-01-01 JUDITH MURRAY 2012-09-20
002 2010-01-01 JUDITH MURRAY 2011-10-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2018-01-01	STEPHANIE MASTERSON	2019-04-23
002	2017-01-01	STEPHANIE MASTERSON	2018-10-11
002	2016-01-01	STEPHANIE MASTERSON	2017-09-28
002	2015-01-01	STEPHANIE MASTERSON	2016-10-13
002	2014-01-01	STEPHANIE MASTERSON	2015-10-02
002	2013-01-01	JUDITH MURRAY	2014-10-13
002	2012-01-01	JUDITH MURRAY	2013-10-15
002	2011-01-01	JUDITH MURRAY	2012-09-20
002	2010-01-01	JUDITH MURRAY	2011-10-14

Plan Statistics for THE RAINES GROUP DEFINED BENEFIT PLAN

401k plan membership statisitcs for THE RAINES GROUP DEFINED BENEFIT PLAN

Measure Date Value
2018: THE RAINES GROUP DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets 2018-09-21 5,300,369
Acturial value of plan assets 2018-09-21 5,300,369
Funding target for retired participants and beneficiaries receiving payment 2018-09-21 0
Number of terminated vested participants 2018-09-21 4
Fundng target for terminated vested participants 2018-09-21 13,036
Active participant vested funding target 2018-09-21 3,476,963
Number of active participants 2018-09-21 11
Total funding liabilities for active participants 2018-09-21 3,498,078
Total participant count 2018-09-21 15
Total funding target for all participants 2018-09-21 3,511,114
Balance at beginning of prior year after applicable adjustments 2018-09-21 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-09-21 248,339
Carryover balanced portion elected for use to offset prior years funding requirement 2018-09-21 0
Prefunding balanced used to offset prior years funding requirement 2018-09-21 0
Amount remaining of carryover balance 2018-09-21 0
Amount remaining of prefunding balance 2018-09-21 248,339
Present value of excess contributions 2018-09-21 292,992
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-09-21 310,103
Balance of carryovers at beginning of current year 2018-09-21 0
Balance of prefunding at beginning of current year 2018-09-21 278,810
Total employer contributions 2018-09-21 0
Total employee contributions 2018-09-21 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-09-21 0
Contributions made to avoid restrictions adjusted to valuation date 2018-09-21 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-09-21 0
Unpaid minimum required contributions for all prior years 2018-09-21 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-09-21 0
Remaining amount of unpaid minimum required contributions 2018-09-21 0
Minimum required contributions for current year target normal cost 2018-09-21 253,292
Net shortfall amortization installment of oustanding balance 2018-09-21 0
Waiver amortization installment 2018-09-21 0
Total funding amount beforereflecting carryover/prefunding balances 2018-09-21 0
Additional cash requirement 2018-09-21 0
Contributions allocatedtoward minimum required contributions for current year 2018-09-21 0
Unpaid minimum required contributions for current year 2018-09-21 0
Unpaid minimum required contributions for all years 2018-09-21 0
2017: THE RAINES GROUP DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 5,014,872
Acturial value of plan assets 2017-12-31 5,014,872
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 4
Fundng target for terminated vested participants 2017-12-31 11,916
Active participant vested funding target 2017-12-31 3,243,024
Number of active participants 2017-12-31 11
Total funding liabilities for active participants 2017-12-31 3,254,036
Total participant count 2017-12-31 15
Total funding target for all participants 2017-12-31 3,265,952
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 233,819
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 233,819
Present value of excess contributions 2017-12-31 671,531
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 671,531
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 248,339
Total employer contributions 2017-12-31 300,000
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 292,992
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 39,720
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 292,992
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: THE RAINES GROUP DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 3,869,863
Acturial value of plan assets 2016-12-31 3,869,863
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 6
Fundng target for terminated vested participants 2016-12-31 12,010
Active participant vested funding target 2016-12-31 3,131,766
Number of active participants 2016-12-31 11
Total funding liabilities for active participants 2016-12-31 3,143,819
Total participant count 2016-12-31 17
Total funding target for all participants 2016-12-31 3,155,829
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 228,562
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 228,562
Present value of excess contributions 2016-12-31 575,034
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 575,034
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 233,819
Total employer contributions 2016-12-31 700,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 671,531
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 167,883
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 671,531
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2018: THE RAINES GROUP DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets	2018-09-21	5,300,369
Acturial value of plan assets	2018-09-21	5,300,369
Funding target for retired participants and beneficiaries receiving payment	2018-09-21	0
Number of terminated vested participants	2018-09-21	4
Fundng target for terminated vested participants	2018-09-21	13,036
Active participant vested funding target	2018-09-21	3,476,963
Number of active participants	2018-09-21	11
Total funding liabilities for active participants	2018-09-21	3,498,078
Total participant count	2018-09-21	15
Total funding target for all participants	2018-09-21	3,511,114
Balance at beginning of prior year after applicable adjustments	2018-09-21	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-09-21	248,339
Carryover balanced portion elected for use to offset prior years funding requirement	2018-09-21	0
Prefunding balanced used to offset prior years funding requirement	2018-09-21	0
Amount remaining of carryover balance	2018-09-21	0
Amount remaining of prefunding balance	2018-09-21	248,339
Present value of excess contributions	2018-09-21	292,992
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-09-21	310,103
Balance of carryovers at beginning of current year	2018-09-21	0
Balance of prefunding at beginning of current year	2018-09-21	278,810
Total employer contributions	2018-09-21	0
Total employee contributions	2018-09-21	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-09-21	0
Contributions made to avoid restrictions adjusted to valuation date	2018-09-21	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-09-21	0
Unpaid minimum required contributions for all prior years	2018-09-21	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-09-21	0
Remaining amount of unpaid minimum required contributions	2018-09-21	0
Minimum required contributions for current year target normal cost	2018-09-21	253,292
Net shortfall amortization installment of oustanding balance	2018-09-21	0
Waiver amortization installment	2018-09-21	0
Total funding amount beforereflecting carryover/prefunding balances	2018-09-21	0
Additional cash requirement	2018-09-21	0
Contributions allocatedtoward minimum required contributions for current year	2018-09-21	0
Unpaid minimum required contributions for current year	2018-09-21	0
Unpaid minimum required contributions for all years	2018-09-21	0
2017: THE RAINES GROUP DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	5,014,872
Acturial value of plan assets	2017-12-31	5,014,872
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	4
Fundng target for terminated vested participants	2017-12-31	11,916
Active participant vested funding target	2017-12-31	3,243,024
Number of active participants	2017-12-31	11
Total funding liabilities for active participants	2017-12-31	3,254,036
Total participant count	2017-12-31	15
Total funding target for all participants	2017-12-31	3,265,952
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	233,819
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	233,819
Present value of excess contributions	2017-12-31	671,531
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	671,531
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	248,339
Total employer contributions	2017-12-31	300,000
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	292,992
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	39,720
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	292,992
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: THE RAINES GROUP DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	3,869,863
Acturial value of plan assets	2016-12-31	3,869,863
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	6
Fundng target for terminated vested participants	2016-12-31	12,010
Active participant vested funding target	2016-12-31	3,131,766
Number of active participants	2016-12-31	11
Total funding liabilities for active participants	2016-12-31	3,143,819
Total participant count	2016-12-31	17
Total funding target for all participants	2016-12-31	3,155,829
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	228,562
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	228,562
Present value of excess contributions	2016-12-31	575,034
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	575,034
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	233,819
Total employer contributions	2016-12-31	700,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	671,531
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	167,883
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	671,531
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	THE RAINES GROUP
Employer identification number (EIN):	113671700
NAIC Classification:	531210
NAIC Description:	Offices of Real Estate Agents and Brokers