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PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS 401k Plan overview

Plan NamePENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS
Plan identification number 003

PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS 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).
  • 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).

401k Sponsoring company profile

R.T. VANDERBILT COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name:R.T. VANDERBILT COMPANY, INC.
Employer identification number (EIN):131432885
NAIC Classification:325900
NAIC Description:Other Chemical Product and Preparation Manufacturing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-02-01RICHARD COMBATTI2023-10-03
0032021-02-01RICHARD COMBATTI2022-06-23
0032020-02-01RICHARD COMBATTI2021-06-17
0032019-02-01RICHARD COMBATTI2020-10-13
0032018-02-01RICHARD COMBATTI2019-10-08
0032017-02-01RICHARD COMBATTI2018-10-19
0032016-02-01JAMES MCDONALD2017-11-09
0032015-02-01JAMES MCDONALD2016-11-14
0032014-02-01JAMES MCDONALD2015-11-02
0032013-02-01JAMES MCDONALD2014-11-10
0032012-02-01JAMES MCDONALD2013-11-06
0032011-02-01JAMES MCDONALD2012-11-12
0032010-02-01JAMES MCDONALD2011-11-09

Plan Statistics for PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS

401k plan membership statisitcs for PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS

Measure Date Value
2023: PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS 2023 401k membership
Market value of plan assets2023-01-318,005,729
Acturial value of plan assets2023-01-318,005,729
Funding target for retired participants and beneficiaries receiving payment2023-01-315,169,889
Number of terminated vested participants2023-01-3119
Fundng target for terminated vested participants2023-01-31647,828
Active participant vested funding target2023-01-31588,878
Number of active participants2023-01-3112
Total funding liabilities for active participants2023-01-31588,878
Total participant count2023-01-3180
Total funding target for all participants2023-01-316,406,595
Balance at beginning of prior year after applicable adjustments2023-01-31441,470
Prefunding balance at beginning of prior year after applicable adjustments2023-01-310
Carryover balanced portion elected for use to offset prior years funding requirement2023-01-310
Prefunding balanced used to offset prior years funding requirement2023-01-310
Amount remaining of carryover balance2023-01-31441,470
Amount remaining of prefunding balance2023-01-310
Present value of excess contributions2023-01-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2023-01-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2023-01-310
Reductions in caryover balances due to elections or deemed elections2023-01-310
Reductions in prefunding balances due to elections or deemed elections2023-01-310
Balance of carryovers at beginning of current year2023-01-31476,788
Balance of prefunding at beginning of current year2023-01-310
Total employer contributions2023-01-310
Total employee contributions2023-01-310
Remaining amount of unpaid minimum required contributions2023-01-310
Minimum required contributions for current year target normal cost2023-01-3136,927
Total funding amount beforereflecting carryover/prefunding balances2023-01-310
Additional cash requirement2023-01-310
Unpaid minimum required contributions for current year2023-01-310
Unpaid minimum required contributions for all years2023-01-310
2022: PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS 2022 401k membership
Market value of plan assets2022-01-317,878,330
Acturial value of plan assets2022-01-317,878,330
Funding target for retired participants and beneficiaries receiving payment2022-01-314,932,883
Number of terminated vested participants2022-01-3121
Fundng target for terminated vested participants2022-01-31723,343
Active participant vested funding target2022-01-31719,791
Number of active participants2022-01-3113
Total funding liabilities for active participants2022-01-31719,791
Total participant count2022-01-3181
Total funding target for all participants2022-01-316,376,017
Balance at beginning of prior year after applicable adjustments2022-01-31373,652
Prefunding balance at beginning of prior year after applicable adjustments2022-01-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-01-310
Prefunding balanced used to offset prior years funding requirement2022-01-310
Amount remaining of carryover balance2022-01-31373,652
Amount remaining of prefunding balance2022-01-310
Present value of excess contributions2022-01-31116,896
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-01-31123,091
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-01-310
Reductions in caryover balances due to elections or deemed elections2022-01-310
Reductions in prefunding balances due to elections or deemed elections2022-01-310
Balance of carryovers at beginning of current year2022-01-31441,470
Balance of prefunding at beginning of current year2022-01-310
Total employer contributions2022-01-310
Total employee contributions2022-01-310
Remaining amount of unpaid minimum required contributions2022-01-310
Minimum required contributions for current year target normal cost2022-01-3124,250
Total funding amount beforereflecting carryover/prefunding balances2022-01-310
Additional cash requirement2022-01-310
Unpaid minimum required contributions for current year2022-01-310
Unpaid minimum required contributions for all years2022-01-310
2021: PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS 2021 401k membership
Market value of plan assets2021-01-316,911,317
Acturial value of plan assets2021-01-316,911,317
Funding target for retired participants and beneficiaries receiving payment2021-01-315,028,778
Number of terminated vested participants2021-01-3122
Fundng target for terminated vested participants2021-01-31767,526
Active participant vested funding target2021-01-31769,486
Number of active participants2021-01-3114
Total funding liabilities for active participants2021-01-31769,486
Total participant count2021-01-3181
Total funding target for all participants2021-01-316,565,790
Balance at beginning of prior year after applicable adjustments2021-01-31329,122
Prefunding balance at beginning of prior year after applicable adjustments2021-01-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-01-310
Prefunding balanced used to offset prior years funding requirement2021-01-310
Amount remaining of carryover balance2021-01-31329,122
Amount remaining of prefunding balance2021-01-310
Present value of excess contributions2021-01-3146,604
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-01-3149,144
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-01-310
Reductions in caryover balances due to elections or deemed elections2021-01-310
Reductions in prefunding balances due to elections or deemed elections2021-01-310
Balance of carryovers at beginning of current year2021-01-31373,652
Balance of prefunding at beginning of current year2021-01-310
Total employer contributions2021-01-31263,512
Total employee contributions2021-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-01-310
Contributions made to avoid restrictions adjusted to valuation date2021-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-01-31253,333
Liquidity shortfalls end of Q12021-01-310
Liquidity shortfalls end of Q22021-01-310
Liquidity shortfalls end of Q32021-01-310
Liquidity shortfalls end of Q42021-01-310
Unpaid minimum required contributions for all prior years2021-01-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-01-310
Remaining amount of unpaid minimum required contributions2021-01-310
Minimum required contributions for current year target normal cost2021-01-3158,025
Net shortfall amortization installment of oustanding balance2021-01-31426,298
Waiver amortization installment2021-01-310
Total funding amount beforereflecting carryover/prefunding balances2021-01-31136,437
Carryover balance elected to use to offset funding requirement2021-01-310
Prefunding balance elected to use to offset funding requirement2021-01-310
Additional cash requirement2021-01-31136,437
Contributions allocatedtoward minimum required contributions for current year2021-01-31253,333
Unpaid minimum required contributions for current year2021-01-310
Unpaid minimum required contributions for all years2021-01-310
2020: PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS 2020 401k membership
Market value of plan assets2020-01-316,379,237
Acturial value of plan assets2020-01-316,379,237
Funding target for retired participants and beneficiaries receiving payment2020-01-315,032,981
Number of terminated vested participants2020-01-3124
Fundng target for terminated vested participants2020-01-31789,280
Active participant vested funding target2020-01-31710,424
Number of active participants2020-01-3114
Total funding liabilities for active participants2020-01-31710,424
Total participant count2020-01-3181
Total funding target for all participants2020-01-316,532,685
Balance at beginning of prior year after applicable adjustments2020-01-31337,630
Prefunding balance at beginning of prior year after applicable adjustments2020-01-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-01-310
Prefunding balanced used to offset prior years funding requirement2020-01-310
Amount remaining of carryover balance2020-01-31337,630
Amount remaining of prefunding balance2020-01-310
Present value of excess contributions2020-01-3167,092
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-01-3170,883
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-01-310
Reductions in caryover balances due to elections or deemed elections2020-01-310
Reductions in prefunding balances due to elections or deemed elections2020-01-310
Balance of carryovers at beginning of current year2020-01-31329,122
Balance of prefunding at beginning of current year2020-01-310
Total employer contributions2020-01-31206,059
Total employee contributions2020-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-01-310
Contributions made to avoid restrictions adjusted to valuation date2020-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-01-31189,504
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-01-310
Remaining amount of unpaid minimum required contributions2020-01-310
Minimum required contributions for current year target normal cost2020-01-3164,488
Net shortfall amortization installment of oustanding balance2020-01-31482,570
Waiver amortization installment2020-01-310
Total funding amount beforereflecting carryover/prefunding balances2020-01-31142,900
Additional cash requirement2020-01-31142,900
Contributions allocatedtoward minimum required contributions for current year2020-01-31189,504
Unpaid minimum required contributions for current year2020-01-310
Unpaid minimum required contributions for all years2020-01-310
2019: PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS 2019 401k membership
Market value of plan assets2019-01-316,887,613
Acturial value of plan assets2019-01-316,887,613
Funding target for retired participants and beneficiaries receiving payment2019-01-314,357,112
Number of terminated vested participants2019-01-3127
Fundng target for terminated vested participants2019-01-311,251,013
Active participant vested funding target2019-01-31624,124
Number of active participants2019-01-3114
Total funding liabilities for active participants2019-01-31637,404
Total participant count2019-01-3181
Total funding target for all participants2019-01-316,245,529
Balance at beginning of prior year after applicable adjustments2019-01-31282,654
Prefunding balance at beginning of prior year after applicable adjustments2019-01-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-01-310
Prefunding balanced used to offset prior years funding requirement2019-01-310
Amount remaining of carryover balance2019-01-31282,654
Amount remaining of prefunding balance2019-01-310
Present value of excess contributions2019-01-31332
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-01-31351
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-01-310
Reductions in caryover balances due to elections or deemed elections2019-01-310
Reductions in prefunding balances due to elections or deemed elections2019-01-310
Balance of carryovers at beginning of current year2019-01-31337,630
Balance of prefunding at beginning of current year2019-01-310
Total employer contributions2019-01-3169,000
Total employee contributions2019-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-01-310
Contributions made to avoid restrictions adjusted to valuation date2019-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-01-3167,092
Liquidity shortfalls end of Q12019-01-310
Liquidity shortfalls end of Q22019-01-310
Liquidity shortfalls end of Q32019-01-310
Liquidity shortfalls end of Q42019-01-310
Unpaid minimum required contributions for all prior years2019-01-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-01-310
Remaining amount of unpaid minimum required contributions2019-01-310
Minimum required contributions for current year target normal cost2019-01-3115,499
Net shortfall amortization installment of oustanding balance2019-01-310
Waiver amortization installment2019-01-310
Total funding amount beforereflecting carryover/prefunding balances2019-01-310
Carryover balance elected to use to offset funding requirement2019-01-310
Prefunding balance elected to use to offset funding requirement2019-01-310
Additional cash requirement2019-01-310
Contributions allocatedtoward minimum required contributions for current year2019-01-3167,092
Unpaid minimum required contributions for current year2019-01-310
Unpaid minimum required contributions for all years2019-01-310
2018: PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS 2018 401k membership
Market value of plan assets2018-01-316,050,192
Acturial value of plan assets2018-01-316,050,192
Funding target for retired participants and beneficiaries receiving payment2018-01-314,132,917
Number of terminated vested participants2018-01-3131
Fundng target for terminated vested participants2018-01-311,403,421
Active participant vested funding target2018-01-31568,839
Number of active participants2018-01-3115
Total funding liabilities for active participants2018-01-31584,837
Total participant count2018-01-3181
Total funding target for all participants2018-01-316,121,175
Balance at beginning of prior year after applicable adjustments2018-01-31246,107
Prefunding balance at beginning of prior year after applicable adjustments2018-01-310
Amount remaining of carryover balance2018-01-31246,107
Amount remaining of prefunding balance2018-01-310
Present value of excess contributions2018-01-311,921
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-01-311,921
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-01-310
Reductions in caryover balances due to elections or deemed elections2018-01-310
Reductions in prefunding balances due to elections or deemed elections2018-01-310
Balance of carryovers at beginning of current year2018-01-31282,654
Balance of prefunding at beginning of current year2018-01-310
Total employer contributions2018-01-3195,000
Total employee contributions2018-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-01-310
Contributions made to avoid restrictions adjusted to valuation date2018-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-01-3190,801
Liquidity shortfalls end of Q12018-01-310
Liquidity shortfalls end of Q22018-01-310
Liquidity shortfalls end of Q32018-01-310
Liquidity shortfalls end of Q42018-01-310
Unpaid minimum required contributions for all prior years2018-01-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-01-310
Remaining amount of unpaid minimum required contributions2018-01-310
Minimum required contributions for current year target normal cost2018-01-3115,004
Net shortfall amortization installment of oustanding balance2018-01-31353,637
Total funding amount beforereflecting carryover/prefunding balances2018-01-3190,469
Carryover balance elected to use to offset funding requirement2018-01-310
Prefunding balance elected to use to offset funding requirement2018-01-310
Additional cash requirement2018-01-3190,469
Contributions allocatedtoward minimum required contributions for current year2018-01-3190,801
Unpaid minimum required contributions for current year2018-01-310
Unpaid minimum required contributions for all years2018-01-310
2017: PENSION PLAN FOR SALARIED EMPLOYEES OF VANDERBILT MINERALS, LLC MINING DIVISIONS 2017 401k membership
Market value of plan assets2017-01-315,444,713
Acturial value of plan assets2017-01-315,444,713
Funding target for retired participants and beneficiaries receiving payment2017-01-313,714,558
Number of terminated vested participants2017-01-3133
Fundng target for terminated vested participants2017-01-311,698,677
Active participant vested funding target2017-01-31660,544
Number of active participants2017-01-3117
Total funding liabilities for active participants2017-01-31680,417
Total participant count2017-01-3180
Total funding target for all participants2017-01-316,093,652
Balance at beginning of prior year after applicable adjustments2017-01-31256,977
Prefunding balance at beginning of prior year after applicable adjustments2017-01-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-01-310
Prefunding balanced used to offset prior years funding requirement2017-01-310
Amount remaining of carryover balance2017-01-31256,977
Amount remaining of prefunding balance2017-01-310
Present value of excess contributions2017-01-311,176
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-01-311,250
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-01-310
Reductions in caryover balances due to elections or deemed elections2017-01-310
Reductions in prefunding balances due to elections or deemed elections2017-01-310
Balance of carryovers at beginning of current year2017-01-31246,107
Balance of prefunding at beginning of current year2017-01-310
Total employer contributions2017-01-31180,528
Total employee contributions2017-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-01-310
Contributions made to avoid restrictions adjusted to valuation date2017-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-01-31164,705
Liquidity shortfalls end of Q12017-01-310
Liquidity shortfalls end of Q22017-01-310
Liquidity shortfalls end of Q32017-01-310
Liquidity shortfalls end of Q42017-01-310
Unpaid minimum required contributions for all prior years2017-01-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-01-310
Remaining amount of unpaid minimum required contributions2017-01-310
Minimum required contributions for current year target normal cost2017-01-3114,901
Net shortfall amortization installment of oustanding balance2017-01-31895,046
Total funding amount beforereflecting carryover/prefunding balances2017-01-31162,784
Additional cash requirement2017-01-31162,784
Contributions allocatedtoward minimum required contributions for current year2017-01-31164,705
Unpaid minimum required contributions for current year2017-01-310
Unpaid minimum required contributions for all years2017-01-310

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