401k Plan data: DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC. plan

DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC. 401k Plan overview

Plan Name	DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC.
Plan identification number	001

DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC. Benefits

401k Plan Type

Defined 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).
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).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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

OPPORTUNITIES FOR BROOME, INC. has sponsored the creation of one or more 401k plans.

Company Name: OPPORTUNITIES FOR BROOME, INC.

Employer identification number (EIN): 160903802

NAIC Classification: 624100
NAIC Description: Individual and Family Services

Additional information about OPPORTUNITIES FOR BROOME, INC.

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 1965-04-23

Company Identification Number: 186663

Legal Registered Office Address: 5 WEST STATE STREET
BROOME
BINGHAMTON
United States of America (USA)
13904

More information about OPPORTUNITIES FOR BROOME, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2020-01-01 MARK SILVANIC 2021-04-02 MARK SILVANIC 2021-04-02
001 2018-01-01 MARK SILVANIC 2019-03-28
001 2017-01-01 MARK SILVANIC 2018-07-24
001 2016-01-01 MARK SILVANIC 2017-07-06
001 2015-01-01 MARK SILVANIC 2016-07-13
001 2014-01-01 MARK SILVANIC 2015-06-26
001 2013-01-01 MARK SILVANIC 2014-07-28
001 2012-01-01 TANYA DIGENNARO 2013-07-02
001 2011-01-01 PAOLA WOOLFOLK 2012-07-23
001 2010-01-01 PAOLA WOOLFOLK 2011-09-27

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2020-01-01	MARK SILVANIC	2021-04-02	MARK SILVANIC	2021-04-02
001	2018-01-01	MARK SILVANIC	2019-03-28
001	2017-01-01	MARK SILVANIC	2018-07-24
001	2016-01-01	MARK SILVANIC	2017-07-06
001	2015-01-01	MARK SILVANIC	2016-07-13
001	2014-01-01	MARK SILVANIC	2015-06-26
001	2013-01-01	MARK SILVANIC	2014-07-28
001	2012-01-01	TANYA DIGENNARO	2013-07-02
001	2011-01-01	PAOLA WOOLFOLK	2012-07-23
001	2010-01-01	PAOLA WOOLFOLK	2011-09-27

Plan Statistics for DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC.

401k plan membership statisitcs for DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC.

Measure Date Value
2018: DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC. 2018 401k membership
Market value of plan assets 2018-12-31 826,720
Acturial value of plan assets 2018-12-31 826,720
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 165,772
Number of terminated vested participants 2018-12-31 7
Fundng target for terminated vested participants 2018-12-31 46,449
Active participant vested funding target 2018-12-31 533,792
Number of active participants 2018-12-31 11
Total funding liabilities for active participants 2018-12-31 533,792
Total participant count 2018-12-31 29
Total funding target for all participants 2018-12-31 746,013
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 84,894
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 84,894
Present value of excess contributions 2018-12-31 104,880
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 110,806
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 91,787
Total employer contributions 2018-12-31 106,800
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 103,933
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 0
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 103,933
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC. 2017 401k membership
Market value of plan assets 2017-12-31 675,845
Acturial value of plan assets 2017-12-31 675,845
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 164,666
Number of terminated vested participants 2017-12-31 5
Fundng target for terminated vested participants 2017-12-31 34,736
Active participant vested funding target 2017-12-31 356,395
Number of active participants 2017-12-31 13
Total funding liabilities for active participants 2017-12-31 356,395
Total participant count 2017-12-31 29
Total funding target for all participants 2017-12-31 555,797
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 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 80,187
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 84,894
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 84,894
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 84,894
Total employer contributions 2017-12-31 108,499
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 2017-12-31 104,880
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 0
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 2017-12-31 104,880
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC. 2016 401k membership
Market value of plan assets 2016-12-31 687,411
Acturial value of plan assets 2016-12-31 687,411
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 232,422
Number of terminated vested participants 2016-12-31 6
Fundng target for terminated vested participants 2016-12-31 76,783
Active participant vested funding target 2016-12-31 506,169
Number of active participants 2016-12-31 16
Total funding liabilities for active participants 2016-12-31 506,169
Total participant count 2016-12-31 34
Total funding target for all participants 2016-12-31 815,374
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 0
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 0
Present value of excess contributions 2016-12-31 89,852
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 95,477
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 104,998
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 2016-12-31 101,351
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 0
Net shortfall amortization installment of oustanding balance 2016-12-31 127,963
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 21,164
Additional cash requirement 2016-12-31 21,164
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 101,351
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
2018: DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC. 2018 401k membership
Market value of plan assets	2018-12-31	826,720
Acturial value of plan assets	2018-12-31	826,720
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	165,772
Number of terminated vested participants	2018-12-31	7
Fundng target for terminated vested participants	2018-12-31	46,449
Active participant vested funding target	2018-12-31	533,792
Number of active participants	2018-12-31	11
Total funding liabilities for active participants	2018-12-31	533,792
Total participant count	2018-12-31	29
Total funding target for all participants	2018-12-31	746,013
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	84,894
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	84,894
Present value of excess contributions	2018-12-31	104,880
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	110,806
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	91,787
Total employer contributions	2018-12-31	106,800
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	103,933
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	0
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	103,933
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC. 2017 401k membership
Market value of plan assets	2017-12-31	675,845
Acturial value of plan assets	2017-12-31	675,845
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	164,666
Number of terminated vested participants	2017-12-31	5
Fundng target for terminated vested participants	2017-12-31	34,736
Active participant vested funding target	2017-12-31	356,395
Number of active participants	2017-12-31	13
Total funding liabilities for active participants	2017-12-31	356,395
Total participant count	2017-12-31	29
Total funding target for all participants	2017-12-31	555,797
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	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	80,187
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	84,894
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	84,894
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	84,894
Total employer contributions	2017-12-31	108,499
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	104,880
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	0
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	104,880
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF OPPORTUNITIES FOR BROOME, INC. 2016 401k membership
Market value of plan assets	2016-12-31	687,411
Acturial value of plan assets	2016-12-31	687,411
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	232,422
Number of terminated vested participants	2016-12-31	6
Fundng target for terminated vested participants	2016-12-31	76,783
Active participant vested funding target	2016-12-31	506,169
Number of active participants	2016-12-31	16
Total funding liabilities for active participants	2016-12-31	506,169
Total participant count	2016-12-31	34
Total funding target for all participants	2016-12-31	815,374
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	0
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	0
Present value of excess contributions	2016-12-31	89,852
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	95,477
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	104,998
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	101,351
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	0
Net shortfall amortization installment of oustanding balance	2016-12-31	127,963
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	21,164
Additional cash requirement	2016-12-31	21,164
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	101,351
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:	OPPORTUNITIES FOR BROOME, INC.
Employer identification number (EIN):	160903802
NAIC Classification:	624100
NAIC Description:	Individual and Family Services

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	1965-04-23
Company Identification Number:	186663
Legal Registered Office Address:	5 WEST STATE STREET BROOME BINGHAMTON United States of America (USA) 13904