401k Plan data: JOEL D. MATTHEWS CASH BALANCE PLAN plan

JOEL D. MATTHEWS CASH BALANCE PLAN 401k Plan overview

Plan Name	JOEL D. MATTHEWS CASH BALANCE PLAN
Plan identification number	003

JOEL D. MATTHEWS CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.
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).
Plan covering Self-Employed individuals.

401k Sponsoring company profile

JOEL D. MATTHEWS, MBA, CHFC has sponsored the creation of one or more 401k plans.

Company Name: JOEL D. MATTHEWS, MBA, CHFC

Employer identification number (EIN): 161662004

NAIC Classification: 523900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JOEL D. MATTHEWS CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2023-01-01 JOEL MATTHEWS 2024-09-24
003 2022-01-01 JOEL MATTHEWS 2023-10-06
003 2021-01-01
003 2020-01-01
003 2019-01-01 JOEL MATTHEWS 2020-09-03
003 2018-01-01 JOEL MATTHEWS 2019-09-05
003 2017-01-01 JOEL MATTHEWS 2018-05-25
003 2016-01-01 JOEL D. MATTHEWS 2017-08-28
003 2015-01-01 JOEL D. MATTHEWS 2016-10-07
003 2014-01-01 JOEL D. MATTHEWS 2015-07-23

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2023-01-01	JOEL MATTHEWS	2024-09-24
003	2022-01-01	JOEL MATTHEWS	2023-10-06
003	2021-01-01
003	2020-01-01
003	2019-01-01	JOEL MATTHEWS	2020-09-03
003	2018-01-01	JOEL MATTHEWS	2019-09-05
003	2017-01-01	JOEL MATTHEWS	2018-05-25
003	2016-01-01	JOEL D. MATTHEWS	2017-08-28
003	2015-01-01	JOEL D. MATTHEWS	2016-10-07
003	2014-01-01	JOEL D. MATTHEWS	2015-07-23

Financial Data on JOEL D. MATTHEWS CASH BALANCE PLAN

Measure	Date	Value
2025 : JOEL D. MATTHEWS CASH BALANCE PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-05-14	3132836
Net assets as of the end of the plan year	2025-05-14	0
Total assets as of the beginning of the plan year	2025-05-14	2731342
Value of plan covered by a fidelity bond	2025-05-14	250000
Other income to plan in this plan year	2025-05-14	401494
Plan net income in this plan year	2025-05-14	-2731342
Net assets as of the end of the plan year	2025-05-14	0
Net assets as of the beginning of the plan year	2025-05-14	2731342
Expensese paid to adminstrative service provicers from plan in this plan year	2025-05-14	632
2024 : JOEL D. MATTHEWS CASH BALANCE PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-09-24	0
Net assets as of the end of the plan year	2024-09-24	2731342
Total assets as of the beginning of the plan year	2024-09-24	2151521
Value of plan covered by a fidelity bond	2024-09-24	250000
Other contributions to plan in this plan year	2024-09-24	516246
Plan net income in this plan year	2024-09-24	579821
Net assets as of the end of the plan year	2024-09-24	2731342
Net assets as of the beginning of the plan year	2024-09-24	2151521
Employer contributions to plan in this plan year	2024-09-24	63575
2022 : JOEL D. MATTHEWS CASH BALANCE PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-10-05	733
Net assets as of the end of the plan year	2022-10-05	2376802
Total assets as of the beginning of the plan year	2022-10-05	1938653
Value of plan covered by a fidelity bond	2022-10-05	250000
Other income to plan in this plan year	2022-10-05	346156
Plan net income in this plan year	2022-10-05	438149
Net assets as of the end of the plan year	2022-10-05	2376802
Net assets as of the beginning of the plan year	2022-10-05	1938653
Employer contributions to plan in this plan year	2022-10-05	92726
Expensese paid to adminstrative service provicers from plan in this plan year	2022-10-05	733

Potentially related plans

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Company Name:	JOEL D. MATTHEWS, MBA, CHFC
Employer identification number (EIN):	161662004
NAIC Classification:	523900