401k Plan data: PENNSYLVANIA AUTOMOTIVE ASSOCIATION PENSION PLAN plan

PENNSYLVANIA AUTOMOTIVE ASSOCIATION PENSION PLAN 401k Plan overview

Plan Name	PENNSYLVANIA AUTOMOTIVE ASSOCIATION PENSION PLAN
Plan identification number	001

PENNSYLVANIA AUTOMOTIVE ASSOCIATION PENSION PLAN 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).
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

PENNSYLVANIA AUTOMOTIVE ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name: PENNSYLVANIA AUTOMOTIVE ASSOCIATION

Employer identification number (EIN): 230954880

NAIC Classification: 813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENNSYLVANIA AUTOMOTIVE ASSOCIATION PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2016-01-01 JOHN DEVLIN 2017-09-26 STEVEN J SMITH 2017-09-22
001 2015-01-01 JOHN DEVLIN 2016-09-28 STEVEN J SMITH 2016-09-27
001 2014-01-01 JOHN DEVLIN 2015-07-27 STEVEN J SMITH 2015-07-27
001 2013-01-01 JOHN DEVLIN 2014-08-11 STEVEN J SMITH 2014-08-11
001 2012-01-01 JOHN DEVLIN 2013-08-23 STEVEN J SMITH 2013-08-23
001 2011-01-01 STEVEN J SMITH 2012-09-25 JOHN DEVLIN 2012-09-28
001 2010-01-01 STEVEN J. SMITH, CPA 2011-07-11 JOHN J DEVLIN 2011-07-13

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2016-01-01	JOHN DEVLIN	2017-09-26	STEVEN J SMITH	2017-09-22
001	2015-01-01	JOHN DEVLIN	2016-09-28	STEVEN J SMITH	2016-09-27
001	2014-01-01	JOHN DEVLIN	2015-07-27	STEVEN J SMITH	2015-07-27
001	2013-01-01	JOHN DEVLIN	2014-08-11	STEVEN J SMITH	2014-08-11
001	2012-01-01	JOHN DEVLIN	2013-08-23	STEVEN J SMITH	2013-08-23
001	2011-01-01	STEVEN J SMITH	2012-09-25	JOHN DEVLIN	2012-09-28
001	2010-01-01	STEVEN J. SMITH, CPA	2011-07-11	JOHN J DEVLIN	2011-07-13

Plan Statistics for PENNSYLVANIA AUTOMOTIVE ASSOCIATION PENSION PLAN

401k plan membership statisitcs for PENNSYLVANIA AUTOMOTIVE ASSOCIATION PENSION PLAN

Measure Date Value
2016: PENNSYLVANIA AUTOMOTIVE ASSOCIATION PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-01 17,351,305
Acturial value of plan assets 2016-12-01 17,351,305
Funding target for retired participants and beneficiaries receiving payment 2016-12-01 3,234,459
Number of terminated vested participants 2016-12-01 13
Fundng target for terminated vested participants 2016-12-01 477,190
Active participant vested funding target 2016-12-01 7,678,869
Number of active participants 2016-12-01 57
Total funding liabilities for active participants 2016-12-01 7,678,869
Total participant count 2016-12-01 99
Total funding target for all participants 2016-12-01 11,390,518
Balance at beginning of prior year after applicable adjustments 2016-12-01 1,371,130
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-01 4,124,168
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-01 0
Prefunding balanced used to offset prior years funding requirement 2016-12-01 0
Amount remaining of carryover balance 2016-12-01 1,371,130
Amount remaining of prefunding balance 2016-12-01 4,124,168
Present value of excess contributions 2016-12-01 472,369
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-01 502,459
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-01 379,255
Reductions in caryover balances due to elections or deemed elections 2016-12-01 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-01 0
Balance of carryovers at beginning of current year 2016-12-01 1,375,929
Balance of prefunding at beginning of current year 2016-12-01 4,517,858
Total employer contributions 2016-12-01 1,073,889
Total employee contributions 2016-12-01 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-01 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-01 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-01 1,015,555
Unpaid minimum required contributions for all prior years 2016-12-01 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-01 0
Remaining amount of unpaid minimum required contributions 2016-12-01 0
Minimum required contributions for current year target normal cost 2016-12-01 44,667
Net shortfall amortization installment of oustanding balance 2016-12-01 0
Waiver amortization installment 2016-12-01 0
Waived amount of outstanding balance 2016-12-01 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-01 0
Carryover balance elected to use to offset funding requirement 2016-12-01 0
Prefunding balance elected to use to offset funding requirement 2016-12-01 0
Additional cash requirement 2016-12-01 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-01 1,015,555
Unpaid minimum required contributions for current year 2016-12-01 0
Unpaid minimum required contributions for all years 2016-12-01 0

Measure	Date	Value
2016: PENNSYLVANIA AUTOMOTIVE ASSOCIATION PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-01	17,351,305
Acturial value of plan assets	2016-12-01	17,351,305
Funding target for retired participants and beneficiaries receiving payment	2016-12-01	3,234,459
Number of terminated vested participants	2016-12-01	13
Fundng target for terminated vested participants	2016-12-01	477,190
Active participant vested funding target	2016-12-01	7,678,869
Number of active participants	2016-12-01	57
Total funding liabilities for active participants	2016-12-01	7,678,869
Total participant count	2016-12-01	99
Total funding target for all participants	2016-12-01	11,390,518
Balance at beginning of prior year after applicable adjustments	2016-12-01	1,371,130
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-01	4,124,168
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-01	0
Prefunding balanced used to offset prior years funding requirement	2016-12-01	0
Amount remaining of carryover balance	2016-12-01	1,371,130
Amount remaining of prefunding balance	2016-12-01	4,124,168
Present value of excess contributions	2016-12-01	472,369
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-01	502,459
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-01	379,255
Reductions in caryover balances due to elections or deemed elections	2016-12-01	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-01	0
Balance of carryovers at beginning of current year	2016-12-01	1,375,929
Balance of prefunding at beginning of current year	2016-12-01	4,517,858
Total employer contributions	2016-12-01	1,073,889
Total employee contributions	2016-12-01	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-01	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-01	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-01	1,015,555
Unpaid minimum required contributions for all prior years	2016-12-01	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-01	0
Remaining amount of unpaid minimum required contributions	2016-12-01	0
Minimum required contributions for current year target normal cost	2016-12-01	44,667
Net shortfall amortization installment of oustanding balance	2016-12-01	0
Waiver amortization installment	2016-12-01	0
Waived amount of outstanding balance	2016-12-01	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-01	0
Carryover balance elected to use to offset funding requirement	2016-12-01	0
Prefunding balance elected to use to offset funding requirement	2016-12-01	0
Additional cash requirement	2016-12-01	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-01	1,015,555
Unpaid minimum required contributions for current year	2016-12-01	0
Unpaid minimum required contributions for all years	2016-12-01	0

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Company Name:	PENNSYLVANIA AUTOMOTIVE ASSOCIATION
Employer identification number (EIN):	230954880
NAIC Classification:	813000
NAIC Description:	Religious, Grantmaking, Civic, Professional, and Similar Organizations