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OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameOSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN
Plan identification number 001

OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Plan covering Self-Employed individuals.

401k Sponsoring company profile

OSCAR D. FOLGER, ESQ. has sponsored the creation of one or more 401k plans.

Company Name:OSCAR D. FOLGER, ESQ.
Employer identification number (EIN):133313197
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01OSCAR D. FOLGER2020-10-12
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01OSCAR D. FOLGER2013-08-05
0012011-01-01OSCAR D. FOLGER2012-06-19
0012010-01-01OSCAR D. FOLGER2011-09-21

Plan Statistics for OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2019: OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-3110,218,404
Acturial value of plan assets2019-12-3110,218,404
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-312
Fundng target for terminated vested participants2019-12-311,251,218
Active participant vested funding target2019-12-313,678,759
Number of active participants2019-12-312
Total funding liabilities for active participants2019-12-313,678,759
Total participant count2019-12-314
Total funding target for all participants2019-12-314,929,977
Balance at beginning of prior year after applicable adjustments2019-12-3146,619
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
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 balance2019-12-3146,619
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
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 elections2019-12-310
Balance of carryovers at beginning of current year2019-12-3145,645
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-310
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 date2019-12-310
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 cost2019-12-310
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-014
Total number of active participants reported on line 7a of the Form 55002019-01-012
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-3110,893,633
Acturial value of plan assets2018-12-3110,893,633
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-314,914,885
Number of active participants2018-12-314
Total funding liabilities for active participants2018-12-314,914,885
Total participant count2018-12-314
Total funding target for all participants2018-12-314,914,885
Balance at beginning of prior year after applicable adjustments2018-12-3140,158
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 balance2018-12-3140,158
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-3146,619
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 cost2018-12-3129,189
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2016: OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-3111,208,900
Acturial value of plan assets2016-12-3111,208,900
Active participant vested funding target2016-12-314,498,217
Number of active participants2016-12-314
Total funding liabilities for active participants2016-12-314,498,217
Total participant count2016-12-314
Total funding target for all participants2016-12-314,498,217
Balance at beginning of prior year after applicable adjustments2016-12-3149,256
Amount remaining of carryover balance2016-12-3149,256
Balance of carryovers at beginning of current year2016-12-3146,148
Minimum required contributions for current year target normal cost2016-12-3176,257
Total participants, beginning-of-year2016-01-014
Total number of active participants reported on line 7a of the Form 55002016-01-014
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-014
Total number of active participants reported on line 7a of the Form 55002015-01-014
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-014
Total number of active participants reported on line 7a of the Form 55002014-01-014
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-014
Total number of active participants reported on line 7a of the Form 55002013-01-014
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010

Financial Data on OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2019 : OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$2,356,767
Expenses. Total of all expenses incurred2019-12-31$1,965,097
Benefits paid (including direct rollovers)2019-12-31$1,842,797
Total plan assets at end of year2019-12-31$10,610,074
Total plan assets at beginning of year2019-12-31$10,218,404
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$0
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$2,356,767
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$391,670
Net plan assets at end of year (total assets less liabilities)2019-12-31$10,610,074
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$10,218,404
Assets. Value of real-estate (other than employer real property)2019-12-31$700,000
Total contributions received or receivable from employer(s)2019-12-31$0
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$122,300
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$-222,763
Expenses. Total of all expenses incurred2018-12-31$452,466
Benefits paid (including direct rollovers)2018-12-31$340,848
Total plan assets at end of year2018-12-31$10,218,404
Total plan assets at beginning of year2018-12-31$10,893,633
Value of fidelity bond covering the plan2018-12-31$1,000,000
Total contributions received or receivable from participants2018-12-31$0
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-222,763
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-675,229
Net plan assets at end of year (total assets less liabilities)2018-12-31$10,218,404
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$10,893,633
Assets. Value of real-estate (other than employer real property)2018-12-31$700,000
Total contributions received or receivable from employer(s)2018-12-31$0
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$111,618
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2016 : OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$-1,449,705
Expenses. Total of all expenses incurred2016-12-31$80,548
Total plan assets at end of year2016-12-31$9,678,647
Total plan assets at beginning of year2016-12-31$11,208,900
Value of fidelity bond covering the plan2016-12-31$1,000,000
Other income received2016-12-31$-1,449,705
Net income (gross income less expenses)2016-12-31$-1,530,253
Net plan assets at end of year (total assets less liabilities)2016-12-31$9,678,647
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$11,208,900
Assets. Value of real-estate (other than employer real property)2016-12-31$682,000
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$80,548
2015 : OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2015 401k financial data
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$-759,300
Expenses. Total of all expenses incurred2015-12-31$129,784
Total plan assets at end of year2015-12-31$11,208,900
Total plan assets at beginning of year2015-12-31$12,097,984
Value of fidelity bond covering the plan2015-12-31$1,100,000
Expenses. Other expenses not covered elsewhere2015-12-31$121,184
Other income received2015-12-31$-759,300
Net income (gross income less expenses)2015-12-31$-889,084
Net plan assets at end of year (total assets less liabilities)2015-12-31$11,208,900
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$12,097,984
Assets. Value of real-estate (other than employer real property)2015-12-31$682,000
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$8,600
2014 : OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$727,528
Expenses. Total of all expenses incurred2014-12-31$111,930
Total plan assets at end of year2014-12-31$12,097,984
Total plan assets at beginning of year2014-12-31$11,482,386
Value of fidelity bond covering the plan2014-12-31$1,100,000
Expenses. Other expenses not covered elsewhere2014-12-31$111,930
Other income received2014-12-31$727,528
Net income (gross income less expenses)2014-12-31$615,598
Net plan assets at end of year (total assets less liabilities)2014-12-31$12,097,984
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$11,482,386
Assets. Value of real-estate (other than employer real property)2014-12-31$657,000
2013 : OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2013 401k financial data
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$3,172,081
Expenses. Total of all expenses incurred2013-12-31$94,101
Total plan assets at end of year2013-12-31$11,482,386
Total plan assets at beginning of year2013-12-31$8,404,406
Value of fidelity bond covering the plan2013-12-31$1,100,000
Other income received2013-12-31$3,172,081
Net income (gross income less expenses)2013-12-31$3,077,980
Net plan assets at end of year (total assets less liabilities)2013-12-31$11,482,386
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$8,404,406
Assets. Value of real-estate (other than employer real property)2013-12-31$657,000
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$94,101

Form 5500 Responses for OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN

2019: OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2016: OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: OSCAR D. FOLGER, ESQ. DEFINED BENEFIT PENSION PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes

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