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PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK 401k Plan overview

Plan NamePENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK
Plan identification number 001

PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK Benefits

401k Plan TypeDefined 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).
  • 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 PRINCETON CLUB OF NEW YORK, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE PRINCETON CLUB OF NEW YORK, INC.
Employer identification number (EIN):131184700
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01JOHN MCCRARY2021-10-08
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01RICHARD VIOLANTE2015-09-17
0012013-01-01RICHARD VIOLANTE2014-10-10
0012012-01-01ABRAHAM D AJEWOLE2013-10-14
0012011-01-01ABRAHAM D AJEWOLE2012-09-12
0012010-01-01MIKE DOUGHERTY2011-08-01

Plan Statistics for PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK

401k plan membership statisitcs for PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK

Measure Date Value
2022: PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK 2022 401k membership
Market value of plan assets2022-12-315,822,225
Acturial value of plan assets2022-12-315,822,225
Funding target for retired participants and beneficiaries receiving payment2022-12-312,431,086
Number of terminated vested participants2022-12-3130
Fundng target for terminated vested participants2022-12-311,508,857
Active participant vested funding target2022-12-31339,990
Number of active participants2022-12-313
Total funding liabilities for active participants2022-12-31339,990
Total participant count2022-12-3157
Total funding target for all participants2022-12-314,279,933
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-3172,628
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-3172,628
Minimum required contributions for current year target normal cost2022-12-310
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-3172,628
2021: PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK 2021 401k membership
Market value of plan assets2021-12-314,791,626
Acturial value of plan assets2021-12-314,791,626
Funding target for retired participants and beneficiaries receiving payment2021-12-312,295,532
Number of terminated vested participants2021-12-3129
Fundng target for terminated vested participants2021-12-311,151,442
Active participant vested funding target2021-12-31637,049
Number of active participants2021-12-316
Total funding liabilities for active participants2021-12-31637,049
Total participant count2021-12-3158
Total funding target for all participants2021-12-314,084,023
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
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 balance2021-12-310
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-310
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 date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-3172,628
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-3172,628
Minimum required contributions for current year target normal cost2021-12-31101,191
Net shortfall amortization installment of oustanding balance2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-3172,628
2020: PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK 2020 401k membership
Market value of plan assets2020-12-314,337,230
Acturial value of plan assets2020-12-314,337,230
Funding target for retired participants and beneficiaries receiving payment2020-12-312,414,451
Number of terminated vested participants2020-12-3128
Fundng target for terminated vested participants2020-12-31656,966
Active participant vested funding target2020-12-31925,067
Number of active participants2020-12-317
Total funding liabilities for active participants2020-12-31925,067
Total participant count2020-12-3159
Total funding target for all participants2020-12-313,996,484
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available 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 contributions2020-12-3116,224
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-3113,596
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-310
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-3186,224
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-3113,596
Remaining amount of unpaid minimum required contributions2020-12-3172,628
Minimum required contributions for current year target normal cost2020-12-3160,469
Net shortfall amortization installment of oustanding balance2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-3172,628
2019: PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK 2019 401k membership
Market value of plan assets2019-12-313,451,871
Acturial value of plan assets2019-12-313,451,871
Funding target for retired participants and beneficiaries receiving payment2019-12-312,619,940
Number of terminated vested participants2019-12-3128
Fundng target for terminated vested participants2019-12-31600,021
Active participant vested funding target2019-12-31827,467
Number of active participants2019-12-317
Total funding liabilities for active participants2019-12-31827,467
Total participant count2019-12-3161
Total funding target for all participants2019-12-314,047,428
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
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
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 contributions2019-12-31168,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-3185,340
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-3160,876
Unpaid minimum required contributions for all prior years2019-12-3185,340
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-3185,340
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3192,211
Net shortfall amortization installment of oustanding balance2019-12-31595,557
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31197,150
Additional cash requirement2019-12-31197,150
Contributions allocatedtoward minimum required contributions for current year2019-12-3160,876
Unpaid minimum required contributions for current year2019-12-31136,274
Unpaid minimum required contributions for all years2019-12-31136,274
2018: PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK 2018 401k membership
Market value of plan assets2018-12-313,896,859
Acturial value of plan assets2018-12-313,896,859
Funding target for retired participants and beneficiaries receiving payment2018-12-312,670,731
Number of terminated vested participants2018-12-3128
Fundng target for terminated vested participants2018-12-31538,271
Active participant vested funding target2018-12-31692,674
Number of active participants2018-12-317
Total funding liabilities for active participants2018-12-31692,674
Total participant count2018-12-3161
Total funding target for all participants2018-12-313,901,676
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 contributions2018-12-31305
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31323
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-310
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 date2018-12-310
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 cost2018-12-3177,846
Net shortfall amortization installment of oustanding balance2018-12-314,817
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3185,340
Additional cash requirement2018-12-3185,340
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-3185,340
Unpaid minimum required contributions for all years2018-12-3185,340
2017: PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK 2017 401k membership
Market value of plan assets2017-12-313,342,401
Acturial value of plan assets2017-12-313,342,401
Funding target for retired participants and beneficiaries receiving payment2017-12-311,541,535
Number of terminated vested participants2017-12-3128
Fundng target for terminated vested participants2017-12-31541,413
Active participant vested funding target2017-12-311,450,717
Number of active participants2017-12-319
Total funding liabilities for active participants2017-12-311,450,717
Total participant count2017-12-3162
Total funding target for all participants2017-12-313,533,665
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 contributions2017-12-311,037
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-311,101
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31112,000
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 date2017-12-3197,855
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 cost2017-12-3163,604
Net shortfall amortization installment of oustanding balance2017-12-31191,264
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3197,550
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-3197,550
Contributions allocatedtoward minimum required contributions for current year2017-12-3197,855
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: PENSION PLAN FOR EMPLOYEES OF THE PRINCETON CLUB OF NEW YORK 2016 401k membership
Market value of plan assets2016-12-313,111,440
Acturial value of plan assets2016-12-313,111,440
Funding target for retired participants and beneficiaries receiving payment2016-12-311,597,631
Number of terminated vested participants2016-12-3128
Fundng target for terminated vested participants2016-12-31489,500
Active participant vested funding target2016-12-311,154,919
Number of active participants2016-12-319
Total funding liabilities for active participants2016-12-311,154,919
Total participant count2016-12-3163
Total funding target for all participants2016-12-313,242,050
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-3143,177
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3145,901
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-3198,000
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 date2016-12-3189,168
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 cost2016-12-3166,551
Net shortfall amortization installment of oustanding balance2016-12-31130,610
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3188,131
Additional cash requirement2016-12-3188,131
Contributions allocatedtoward minimum required contributions for current year2016-12-3189,168
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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