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RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION 401k Plan overview

Plan NameRETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION
Plan identification number 001

RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION 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).

401k Sponsoring company profile

PRIVATE EXPORT FUNDING CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:PRIVATE EXPORT FUNDING CORPORATION
Employer identification number (EIN):132655616
NAIC Classification:522293
NAIC Description:International Trade Financing

Additional information about PRIVATE EXPORT FUNDING CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 748715

More information about PRIVATE EXPORT FUNDING CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01TIMOTHY DUNNE2023-09-22
0012021-01-01TIMOTHY DUNNE2022-09-15
0012020-01-01TIMOTHY DUNNE2021-07-15
0012019-01-01TIMOTHY DUNNE2020-09-15
0012018-01-01TIMOTHY DUNNE2019-07-29
0012017-01-01TIMOTHY DUNNE2018-07-19
0012016-01-01TIMOTHY DUNNE2017-08-29
0012015-01-01TIMOTHY DUNNE2016-07-25
0012014-01-01TIMOTHY DUNNE2015-07-13
0012013-01-01TIMOTHY DUNNE2014-04-29
0012012-01-01TIMOTHY DUNNE2013-07-02
0012011-01-01TIMOTHY DUNNE2012-07-30
0012010-01-01TIMOTHY DUNNE2011-07-14

Plan Statistics for RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION

401k plan membership statisitcs for RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION

Measure Date Value
2022: RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION 2022 401k membership
Market value of plan assets2022-12-3119,192,617
Acturial value of plan assets2022-12-3119,192,617
Funding target for retired participants and beneficiaries receiving payment2022-12-312,265,684
Number of terminated vested participants2022-12-317
Fundng target for terminated vested participants2022-12-311,573,676
Active participant vested funding target2022-12-318,629,286
Number of active participants2022-12-3116
Total funding liabilities for active participants2022-12-318,765,313
Total participant count2022-12-3128
Total funding target for all participants2022-12-3112,604,673
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-313,667,121
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 balance2022-12-313,667,121
Present value of excess contributions2022-12-31842,483
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31884,270
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-31884,270
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-314,933,872
Total employer contributions2022-12-31950,000
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 date2022-12-31900,615
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31619,770
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-31900,615
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION 2021 401k membership
Market value of plan assets2021-12-3116,771,512
Acturial value of plan assets2021-12-3116,771,512
Funding target for retired participants and beneficiaries receiving payment2021-12-312,428,761
Number of terminated vested participants2021-12-317
Fundng target for terminated vested participants2021-12-311,601,620
Active participant vested funding target2021-12-318,163,894
Number of active participants2021-12-3116
Total funding liabilities for active participants2021-12-318,276,907
Total participant count2021-12-3128
Total funding target for all participants2021-12-3112,307,288
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-312,544,288
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-312,544,288
Present value of excess contributions2021-12-31820,611
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31864,842
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-31864,842
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-313,667,121
Total employer contributions2021-12-31875,000
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 date2021-12-31842,483
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31634,704
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-31842,483
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION 2020 401k membership
Market value of plan assets2020-12-3114,708,726
Acturial value of plan assets2020-12-3114,708,726
Funding target for retired participants and beneficiaries receiving payment2020-12-312,420,397
Number of terminated vested participants2020-12-317
Fundng target for terminated vested participants2020-12-311,489,238
Active participant vested funding target2020-12-316,868,862
Number of active participants2020-12-3115
Total funding liabilities for active participants2020-12-317,020,548
Total participant count2020-12-3127
Total funding target for all participants2020-12-3110,930,183
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-311,897,314
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 balance2020-12-311,897,314
Present value of excess contributions2020-12-31275,555
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31290,848
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-31290,848
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 year2020-12-312,544,288
Total employer contributions2020-12-31850,000
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 date2020-12-31820,611
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 cost2020-12-31700,537
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-31820,611
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION 2019 401k membership
Market value of plan assets2019-12-3111,734,936
Acturial value of plan assets2019-12-3111,734,936
Funding target for retired participants and beneficiaries receiving payment2019-12-312,106,575
Number of terminated vested participants2019-12-317
Fundng target for terminated vested participants2019-12-311,434,051
Active participant vested funding target2019-12-316,103,341
Number of active participants2019-12-3115
Total funding liabilities for active participants2019-12-316,296,996
Total participant count2019-12-3126
Total funding target for all participants2019-12-319,837,622
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-312,802,283
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-312,802,283
Present value of excess contributions2019-12-31389,244
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31411,548
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 elections2019-12-31767,937
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-311,897,314
Total employer contributions2019-12-31925,000
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 date2019-12-31893,836
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 cost2019-12-31618,281
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31618,281
Additional cash requirement2019-12-31618,281
Contributions allocatedtoward minimum required contributions for current year2019-12-31893,836
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION 2018 401k membership
Market value of plan assets2018-12-3112,330,614
Acturial value of plan assets2018-12-3112,330,614
Funding target for retired participants and beneficiaries receiving payment2018-12-312,142,238
Number of terminated vested participants2018-12-318
Fundng target for terminated vested participants2018-12-311,682,168
Active participant vested funding target2018-12-315,156,883
Number of active participants2018-12-3114
Total funding liabilities for active participants2018-12-315,351,705
Total participant count2018-12-3126
Total funding target for all participants2018-12-319,176,111
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-312,361,991
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 balance2018-12-312,361,991
Present value of excess contributions2018-12-3148,634
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-3151,508
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-3151,508
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 year2018-12-312,802,283
Total employer contributions2018-12-31600,000
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 date2018-12-31586,155
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 cost2018-12-31549,131
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31196,911
Additional cash requirement2018-12-31196,911
Contributions allocatedtoward minimum required contributions for current year2018-12-31586,155
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION 2017 401k membership
Market value of plan assets2017-12-3111,112,577
Acturial value of plan assets2017-12-3111,112,577
Funding target for retired participants and beneficiaries receiving payment2017-12-311,585,215
Number of terminated vested participants2017-12-317
Fundng target for terminated vested participants2017-12-311,293,265
Active participant vested funding target2017-12-315,676,278
Number of active participants2017-12-3118
Total funding liabilities for active participants2017-12-315,872,106
Total participant count2017-12-3127
Total funding target for all participants2017-12-318,750,586
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-312,315,875
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-3199,320
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-312,216,555
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
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 elections2017-12-3111,053
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-312,361,991
Total employer contributions2017-12-31710,000
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 date2017-12-31692,088
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 cost2017-12-31643,454
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31643,454
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31643,454
Contributions allocatedtoward minimum required contributions for current year2017-12-31692,088
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: RETIREMENT PLAN FOR THE EMPLOYEES OF PRIVATE EXPORT FUNDING CORPORATION 2016 401k membership
Market value of plan assets2016-12-3110,088,293
Acturial value of plan assets2016-12-3110,088,293
Funding target for retired participants and beneficiaries receiving payment2016-12-311,601,048
Number of terminated vested participants2016-12-316
Fundng target for terminated vested participants2016-12-311,198,440
Active participant vested funding target2016-12-314,716,632
Number of active participants2016-12-3120
Total funding liabilities for active participants2016-12-314,917,040
Total participant count2016-12-3128
Total funding target for all participants2016-12-317,716,528
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-311,715,636
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 balance2016-12-311,715,636
Present value of excess contributions2016-12-31562,030
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31597,494
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-31597,494
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 year2016-12-312,315,875
Total employer contributions2016-12-31450,000
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 date2016-12-31438,817
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 cost2016-12-31594,027
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31538,137
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-3199,320
Additional cash requirement2016-12-31438,817
Contributions allocatedtoward minimum required contributions for current year2016-12-31438,817
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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