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G & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST 401k Plan overview

Plan NameG & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST
Plan identification number 001

G & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST 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).
  • 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).
  • 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

G & P PARLAMAS, INC. has sponsored the creation of one or more 401k plans.

Company Name:G & P PARLAMAS, INC.
Employer identification number (EIN):221779328
NAIC Classification:236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan G & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01GEORGE PARLAMAS2015-10-15
0012013-01-01GEORGE PARLAMAS2014-10-15
0012012-01-01GEORGE PARLAMAS2013-10-14
0012011-01-01GEORGE PARLAMAS2012-10-15
0012010-01-01GEORGE PARLAMAS2011-10-17

Plan Statistics for G & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST

401k plan membership statisitcs for G & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST

Measure Date Value
2021: G & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST 2021 401k membership
Market value of plan assets2021-12-312,356,487
Acturial value of plan assets2021-12-312,356,487
Funding target for retired participants and beneficiaries receiving payment2021-12-311,044,602
Number of terminated vested participants2021-12-310
Fundng target for terminated vested participants2021-12-310
Active participant vested funding target2021-12-311,717,910
Number of active participants2021-12-314
Total funding liabilities for active participants2021-12-311,717,910
Total participant count2021-12-316
Total funding target for all participants2021-12-312,762,512
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-3178,597
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3182,983
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 year2021-12-310
Total employer contributions2021-12-31127,132
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 date2021-12-31118,533
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 cost2021-12-310
Net shortfall amortization installment of oustanding balance2021-12-31406,025
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3139,477
Additional cash requirement2021-12-3139,477
Contributions allocatedtoward minimum required contributions for current year2021-12-31118,533
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: G & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST 2020 401k membership
Market value of plan assets2020-12-312,377,941
Acturial value of plan assets2020-12-312,377,941
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-312,761,836
Number of active participants2020-12-316
Total funding liabilities for active participants2020-12-312,761,836
Total participant count2020-12-316
Total funding target for all participants2020-12-312,761,836
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-311,792
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-311,792
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-311,753
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-31123,663
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 date2020-12-31114,640
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 cost2020-12-310
Net shortfall amortization installment of oustanding balance2020-12-31383,895
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3136,043
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-3136,043
Contributions allocatedtoward minimum required contributions for current year2020-12-31114,640
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: G & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST 2019 401k membership
Market value of plan assets2019-12-312,278,437
Acturial value of plan assets2019-12-312,278,437
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-312,624,318
Number of active participants2019-12-316
Total funding liabilities for active participants2019-12-312,624,318
Total participant count2019-12-316
Total funding target for all participants2019-12-312,624,318
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-311,792
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 balance2019-12-311,792
Present value of excess contributions2019-12-3150
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3153
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 year2019-12-310
Balance of prefunding at beginning of current year2019-12-311,792
Total employer contributions2019-12-3186,564
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 date2019-12-3176,967
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 balance2019-12-31347,673
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31121,261
Additional cash requirement2019-12-31121,261
Contributions allocatedtoward minimum required contributions for current year2019-12-3176,967
Unpaid minimum required contributions for current year2019-12-3144,294
Unpaid minimum required contributions for all years2019-12-3144,294
2018: G & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST 2018 401k membership
Market value of plan assets2018-12-312,175,054
Acturial value of plan assets2018-12-312,175,054
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 target2018-12-312,840,021
Number of active participants2018-12-316
Total funding liabilities for active participants2018-12-312,840,021
Total participant count2018-12-316
Total funding target for all participants2018-12-312,840,021
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-311,815
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-311,815
Present value of excess contributions2018-12-317,420
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-317,848
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
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 year2018-12-311,792
Total employer contributions2018-12-31147,725
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 date2018-12-31130,498
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 cost2018-12-310
Net shortfall amortization installment of oustanding balance2018-12-31664,967
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31130,448
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31130,448
Contributions allocatedtoward minimum required contributions for current year2018-12-31130,498
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: G & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST 2017 401k membership
Market value of plan assets2017-12-312,261,969
Acturial value of plan assets2017-12-312,261,969
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-312,658,064
Number of active participants2017-12-316
Total funding liabilities for active participants2017-12-312,658,064
Total participant count2017-12-316
Total funding target for all participants2017-12-312,658,064
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-311,815
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-311,815
Present value of excess contributions2017-12-311,122
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-311,189
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 elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-311,815
Total employer contributions2017-12-31121,187
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 date2017-12-31106,605
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 cost2017-12-310
Net shortfall amortization installment of oustanding balance2017-12-31397,910
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3199,185
Additional cash requirement2017-12-3199,185
Contributions allocatedtoward minimum required contributions for current year2017-12-31106,605
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: G & P PARLAMAS, INC. EMPLOYEES PENSION PLAN & TRUST 2016 401k membership
Market value of plan assets2016-12-312,102,189
Acturial value of plan assets2016-12-312,102,189
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-312,663,834
Number of active participants2016-12-316
Total funding liabilities for active participants2016-12-312,663,834
Total participant count2016-12-316
Total funding target for all participants2016-12-312,663,834
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-311,917
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 balance2016-12-311,917
Present value of excess contributions2016-12-313,604
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-313,826
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
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 year2016-12-311,815
Total employer contributions2016-12-3196,472
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 date2016-12-3184,904
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 cost2016-12-310
Net shortfall amortization installment of oustanding balance2016-12-31563,460
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3183,782
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-3183,782
Contributions allocatedtoward minimum required contributions for current year2016-12-3184,904
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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