401k Plan data: L. J. ALTFEST & CO., INC. DEFINED BENEFIT PENSION PLAN plan

L. J. ALTFEST & CO., INC. DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan Name	L. J. ALTFEST & CO., INC. DEFINED BENEFIT PENSION PLAN
Plan identification number	003

L. J. ALTFEST & CO., INC. DEFINED BENEFIT PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.
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).

401k Sponsoring company profile

L. J. ALTFEST & CO., INC. has sponsored the creation of one or more 401k plans.

Company Name: L. J. ALTFEST & CO., INC.

Employer identification number (EIN): 133163733

NAIC Classification: 523900

Additional information about L. J. ALTFEST & CO., INC.

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 1983-04-07

Company Identification Number: 833566

Legal Registered Office Address: 445 PARK AVE
6TH FLOOR
NEW YORK
United States of America (USA)
10022

More information about L. J. ALTFEST & CO., INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan L. J. ALTFEST & CO., INC. DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2018-01-01 JOHN VALENTINI 2018-12-20
003 2017-01-01 JOHN VALENTINI 2018-10-10
003 2016-01-01 JOHN VALENTINI 2017-10-09
003 2015-01-01 JOHN VALENTINI 2016-10-13
003 2014-01-01 JOHN VALENTINI 2015-10-05
003 2013-01-01 JOHN VALENTINI 2014-09-30
003 2012-01-01 JOHN VALENTINI 2013-10-07
003 2011-01-01 JOHN VALENTINI 2012-10-12

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2018-01-01	JOHN VALENTINI	2018-12-20
003	2017-01-01	JOHN VALENTINI	2018-10-10
003	2016-01-01	JOHN VALENTINI	2017-10-09
003	2015-01-01	JOHN VALENTINI	2016-10-13
003	2014-01-01	JOHN VALENTINI	2015-10-05
003	2013-01-01	JOHN VALENTINI	2014-09-30
003	2012-01-01	JOHN VALENTINI	2013-10-07
003	2011-01-01	JOHN VALENTINI	2012-10-12

Plan Statistics for L. J. ALTFEST & CO., INC. DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for L. J. ALTFEST & CO., INC. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2017: L. J. ALTFEST & CO., INC. DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 2,977,106
Acturial value of plan assets 2017-12-31 2,977,106
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 0
Fundng target for terminated vested participants 2017-12-31 0
Active participant vested funding target 2017-12-31 2,475,403
Number of active participants 2017-12-31 5
Total funding liabilities for active participants 2017-12-31 2,475,403
Total participant count 2017-12-31 5
Total funding target for all participants 2017-12-31 2,475,403
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 235,916
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 2017-12-31 235,916
Present value of excess contributions 2017-12-31 1,462
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 1,559
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 257,266
Total employer contributions 2017-12-31 209,000
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 2017-12-31 202,283
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 2017-12-31 158,974
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 2017-12-31 202,283
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: L. J. ALTFEST & CO., INC. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 2,483,747
Acturial value of plan assets 2016-12-31 2,483,747
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 0
Fundng target for terminated vested participants 2016-12-31 0
Active participant vested funding target 2016-12-31 1,847,314
Number of active participants 2016-12-31 15
Total funding liabilities for active participants 2016-12-31 1,847,314
Total participant count 2016-12-31 15
Total funding target for all participants 2016-12-31 1,847,314
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 240,142
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 2016-12-31 240,142
Present value of excess contributions 2016-12-31 12,071
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 12,071
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 235,916
Total employer contributions 2016-12-31 285,369
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 2016-12-31 281,717
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 2016-12-31 665,084
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 280,255
Additional cash requirement 2016-12-31 280,255
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 281,717
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
2017: L. J. ALTFEST & CO., INC. DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	2,977,106
Acturial value of plan assets	2017-12-31	2,977,106
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	0
Fundng target for terminated vested participants	2017-12-31	0
Active participant vested funding target	2017-12-31	2,475,403
Number of active participants	2017-12-31	5
Total funding liabilities for active participants	2017-12-31	2,475,403
Total participant count	2017-12-31	5
Total funding target for all participants	2017-12-31	2,475,403
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	235,916
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	235,916
Present value of excess contributions	2017-12-31	1,462
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	1,559
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	257,266
Total employer contributions	2017-12-31	209,000
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	202,283
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	158,974
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	202,283
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: L. J. ALTFEST & CO., INC. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	2,483,747
Acturial value of plan assets	2016-12-31	2,483,747
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	0
Fundng target for terminated vested participants	2016-12-31	0
Active participant vested funding target	2016-12-31	1,847,314
Number of active participants	2016-12-31	15
Total funding liabilities for active participants	2016-12-31	1,847,314
Total participant count	2016-12-31	15
Total funding target for all participants	2016-12-31	1,847,314
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	240,142
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	240,142
Present value of excess contributions	2016-12-31	12,071
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	12,071
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	235,916
Total employer contributions	2016-12-31	285,369
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	281,717
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	665,084
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	280,255
Additional cash requirement	2016-12-31	280,255
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	281,717
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:	L. J. ALTFEST & CO., INC.
Employer identification number (EIN):	133163733
NAIC Classification:	523900

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	1983-04-07
Company Identification Number:	833566
Legal Registered Office Address:	445 PARK AVE 6TH FLOOR NEW YORK United States of America (USA) 10022