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THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN 401k Plan overview

Plan NameTHE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN
Plan identification number 001

THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN 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

THE AMERICAN LEGION DEPARTMENT OF PA has sponsored the creation of one or more 401k plans.

Company Name:THE AMERICAN LEGION DEPARTMENT OF PA
Employer identification number (EIN):230343935
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01KIMBERLY WERT2023-09-26
0012021-01-01KIMBERLY WERT2022-10-12
0012020-01-01SARAH FREEMAN2021-10-14 SARAH FREEMAN2021-10-14
0012019-01-01SARAH FREEMAN2020-10-14 SARAH FREEMAN2020-10-14
0012018-01-01SARAH FREEMAN2019-10-15 SARAH FREEMAN2019-10-15
0012017-01-01RON CONLEY2018-07-28 RON CONLEY2018-07-28
0012016-01-01RON CONLEY2017-07-26 RON CONLEY2017-07-26
0012015-01-01RON CONLEY2016-07-28 RON CONLEY2016-07-28
0012014-01-01RON CONLEY2015-07-30 RON CONLEY2015-07-30
0012013-01-01RON CONLEY2014-07-28 RON CONLEY2014-07-28
0012012-01-01RON CONLEY2013-07-28 RON CONLEY2013-07-28
0012011-01-01RON CONLEY2012-07-30 RON CONLEY2012-07-30
0012010-01-01RONALD CONLEY2011-07-28 RONALD CONLEY2011-07-28

Plan Statistics for THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN

401k plan membership statisitcs for THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN

Measure Date Value
2022: THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-311,877,349
Acturial value of plan assets2022-12-311,877,349
Funding target for retired participants and beneficiaries receiving payment2022-12-31680,002
Number of terminated vested participants2022-12-317
Fundng target for terminated vested participants2022-12-31358,628
Active participant vested funding target2022-12-31142,311
Number of active participants2022-12-315
Total funding liabilities for active participants2022-12-31142,311
Total participant count2022-12-3122
Total funding target for all participants2022-12-311,180,941
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-3169,153
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3172,998
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-3175,000
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-3169,792
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-310
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-3169,792
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-311,857,052
Acturial value of plan assets2021-12-311,857,052
Funding target for retired participants and beneficiaries receiving payment2021-12-31744,875
Number of terminated vested participants2021-12-316
Fundng target for terminated vested participants2021-12-31192,654
Active participant vested funding target2021-12-31269,589
Number of active participants2021-12-316
Total funding liabilities for active participants2021-12-31269,589
Total participant count2021-12-3124
Total funding target for all participants2021-12-311,207,118
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 contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
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 contributions2021-12-3175,000
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 date2021-12-3169,153
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 balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-3169,153
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-311,717,637
Acturial value of plan assets2020-12-311,717,637
Funding target for retired participants and beneficiaries receiving payment2020-12-31635,735
Number of terminated vested participants2020-12-315
Fundng target for terminated vested participants2020-12-31154,284
Active participant vested funding target2020-12-31439,192
Number of active participants2020-12-318
Total funding liabilities for active participants2020-12-31439,192
Total participant count2020-12-3124
Total funding target for all participants2020-12-311,229,211
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-3168,237
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3171,983
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 elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-310
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 date2020-12-310
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 balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-311,421,033
Acturial value of plan assets2019-12-311,421,033
Funding target for retired participants and beneficiaries receiving payment2019-12-31620,961
Number of terminated vested participants2019-12-314
Fundng target for terminated vested participants2019-12-31129,050
Active participant vested funding target2019-12-31450,302
Number of active participants2019-12-3110
Total funding liabilities for active participants2019-12-31450,302
Total participant count2019-12-3124
Total funding target for all participants2019-12-311,200,313
Balance at beginning of prior year after applicable adjustments2019-12-310
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 balance2019-12-310
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 year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-3175,000
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 date2019-12-3168,237
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
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-3168,237
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-311,563,362
Acturial value of plan assets2018-12-311,563,362
Funding target for retired participants and beneficiaries receiving payment2018-12-31650,171
Number of terminated vested participants2018-12-314
Fundng target for terminated vested participants2018-12-31118,253
Active participant vested funding target2018-12-31417,939
Number of active participants2018-12-3110
Total funding liabilities for active participants2018-12-31417,939
Total participant count2018-12-3124
Total funding target for all participants2018-12-311,186,363
Balance at beginning of prior year after applicable adjustments2018-12-310
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 balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-3193,158
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-3198,645
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 year2018-12-310
Total employer contributions2018-12-310
Total employee contributions2018-12-310
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
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 balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
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
2017: THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-311,278,862
Acturial value of plan assets2017-12-311,278,862
Funding target for retired participants and beneficiaries receiving payment2017-12-31657,191
Number of terminated vested participants2017-12-315
Fundng target for terminated vested participants2017-12-31125,507
Active participant vested funding target2017-12-31369,126
Number of active participants2017-12-3110
Total funding liabilities for active participants2017-12-31369,126
Total participant count2017-12-3126
Total funding target for all participants2017-12-311,151,824
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
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 balance2017-12-310
Present value of excess contributions2017-12-3192,080
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3197,715
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 year2017-12-310
Total employer contributions2017-12-31100,000
Total employee contributions2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-3193,158
Unpaid minimum required contributions for all 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 balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-3193,158
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: THE AMERICAN LEGION, DEPARTMENT OF PENNSYLVANIA, INC. PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-311,176,224
Acturial value of plan assets2016-12-311,176,224
Funding target for retired participants and beneficiaries receiving payment2016-12-31685,947
Number of terminated vested participants2016-12-315
Fundng target for terminated vested participants2016-12-31116,693
Active participant vested funding target2016-12-31353,546
Number of active participants2016-12-3112
Total funding liabilities for active participants2016-12-31353,546
Total participant count2016-12-3128
Total funding target for all participants2016-12-311,156,186
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
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 balance2016-12-310
Present value of excess contributions2016-12-3197,838
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31104,011
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 year2016-12-310
Total employer contributions2016-12-31100,000
Total employee contributions2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-3192,080
Unpaid minimum required contributions for all 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 balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-3192,080
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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