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CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES 401k Plan overview

Plan NameCHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES
Plan identification number 001

CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • 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

CHARLES J. MERLO, INC. has sponsored the creation of one or more 401k plans.

Company Name:CHARLES J. MERLO, INC.
Employer identification number (EIN):251068024
NAIC Classification:237310
NAIC Description:Highway, Street, and Bridge Construction

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-04-01KELLY KACHIK2024-01-09
0012021-04-01KELLY KACHIK2023-01-09
0012020-04-01KELLY KACHIK2022-01-07
0012019-04-01KELLY KACHIK2020-12-21
0012018-04-01KELLY KACHIK2019-12-06
0012017-04-01KELLY KACHIK2018-12-20
0012016-04-01KELLY KACHIK2017-12-22
0012015-04-01KELLY KACHIK2017-01-05
0012014-04-01KELLY KACHICK2016-01-11 KELLY KACHICK2016-01-11
0012013-04-01KELLY KACHICK2015-01-12 KELLY KACHICK2015-01-12
0012012-04-01KELLY KACHICK2014-01-13 KELLY KACHICK2014-01-13
0012011-04-01KELLY KACHICK2013-01-11 KELLY KACHICK2013-01-11
0012010-04-01KELLY KACHICK2012-01-16 KELLY KACHICK2012-01-16
0012008-04-01

Plan Statistics for CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES

401k plan membership statisitcs for CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES

Measure Date Value
2023: CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES 2023 401k membership
Market value of plan assets2023-03-311,908,378
Acturial value of plan assets2023-03-311,809,775
Funding target for retired participants and beneficiaries receiving payment2023-03-311,179,302
Number of terminated vested participants2023-03-3132
Fundng target for terminated vested participants2023-03-31370,853
Active participant vested funding target2023-03-3190,720
Number of active participants2023-03-319
Total funding liabilities for active participants2023-03-31106,734
Total participant count2023-03-3178
Total funding target for all participants2023-03-311,656,889
Balance at beginning of prior year after applicable adjustments2023-03-310
Prefunding balance at beginning of prior year after applicable adjustments2023-03-3199,828
Carryover balanced portion elected for use to offset prior years funding requirement2023-03-310
Prefunding balanced used to offset prior years funding requirement2023-03-310
Amount remaining of carryover balance2023-03-310
Amount remaining of prefunding balance2023-03-3199,828
Present value of excess contributions2023-03-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2023-03-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2023-03-310
Reductions in caryover balances due to elections or deemed elections2023-03-310
Reductions in prefunding balances due to elections or deemed elections2023-03-310
Balance of carryovers at beginning of current year2023-03-310
Balance of prefunding at beginning of current year2023-03-31103,003
Total employer contributions2023-03-310
Total employee contributions2023-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2023-03-310
Contributions made to avoid restrictions adjusted to valuation date2023-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2023-03-310
Unpaid minimum required contributions for all prior years2023-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2023-03-310
Remaining amount of unpaid minimum required contributions2023-03-310
Minimum required contributions for current year target normal cost2023-03-318,694
Net shortfall amortization installment of oustanding balance2023-03-310
Waiver amortization installment2023-03-310
Total funding amount beforereflecting carryover/prefunding balances2023-03-310
Carryover balance elected to use to offset funding requirement2023-03-310
Prefunding balance elected to use to offset funding requirement2023-03-310
Additional cash requirement2023-03-310
Contributions allocatedtoward minimum required contributions for current year2023-03-310
Unpaid minimum required contributions for current year2023-03-310
Unpaid minimum required contributions for all years2023-03-310
2022: CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES 2022 401k membership
Market value of plan assets2022-03-311,978,560
Acturial value of plan assets2022-03-311,780,704
Funding target for retired participants and beneficiaries receiving payment2022-03-311,138,024
Number of terminated vested participants2022-03-3135
Fundng target for terminated vested participants2022-03-31379,907
Active participant vested funding target2022-03-31135,786
Number of active participants2022-03-3110
Total funding liabilities for active participants2022-03-31145,959
Total participant count2022-03-3179
Total funding target for all participants2022-03-311,663,890
Balance at beginning of prior year after applicable adjustments2022-03-310
Prefunding balance at beginning of prior year after applicable adjustments2022-03-31137,042
Carryover balanced portion elected for use to offset prior years funding requirement2022-03-310
Prefunding balanced used to offset prior years funding requirement2022-03-3161,751
Amount remaining of carryover balance2022-03-310
Amount remaining of prefunding balance2022-03-3175,291
Present value of excess contributions2022-03-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-03-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-03-310
Reductions in caryover balances due to elections or deemed elections2022-03-310
Reductions in prefunding balances due to elections or deemed elections2022-03-310
Balance of carryovers at beginning of current year2022-03-310
Balance of prefunding at beginning of current year2022-03-3199,828
Total employer contributions2022-03-310
Total employee contributions2022-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-03-310
Contributions made to avoid restrictions adjusted to valuation date2022-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-03-310
Liquidity shortfalls end of Q12022-03-310
Liquidity shortfalls end of Q22022-03-310
Liquidity shortfalls end of Q32022-03-310
Liquidity shortfalls end of Q42022-03-310
Unpaid minimum required contributions for all prior years2022-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-03-310
Remaining amount of unpaid minimum required contributions2022-03-310
Minimum required contributions for current year target normal cost2022-03-318,379
Net shortfall amortization installment of oustanding balance2022-03-310
Waiver amortization installment2022-03-310
Total funding amount beforereflecting carryover/prefunding balances2022-03-310
Carryover balance elected to use to offset funding requirement2022-03-310
Prefunding balance elected to use to offset funding requirement2022-03-310
Additional cash requirement2022-03-310
Contributions allocatedtoward minimum required contributions for current year2022-03-310
Unpaid minimum required contributions for current year2022-03-310
Unpaid minimum required contributions for all years2022-03-310
2021: CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES 2021 401k membership
Market value of plan assets2021-03-311,605,665
Acturial value of plan assets2021-03-311,704,911
Funding target for retired participants and beneficiaries receiving payment2021-03-311,150,009
Number of terminated vested participants2021-03-3136
Fundng target for terminated vested participants2021-03-31433,804
Active participant vested funding target2021-03-31128,837
Number of active participants2021-03-319
Total funding liabilities for active participants2021-03-31134,595
Total participant count2021-03-3177
Total funding target for all participants2021-03-311,718,408
Balance at beginning of prior year after applicable adjustments2021-03-310
Prefunding balance at beginning of prior year after applicable adjustments2021-03-31190,026
Carryover balanced portion elected for use to offset prior years funding requirement2021-03-310
Prefunding balanced used to offset prior years funding requirement2021-03-3150,102
Amount remaining of carryover balance2021-03-310
Amount remaining of prefunding balance2021-03-31139,924
Present value of excess contributions2021-03-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-03-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-03-310
Reductions in caryover balances due to elections or deemed elections2021-03-310
Reductions in prefunding balances due to elections or deemed elections2021-03-310
Balance of carryovers at beginning of current year2021-03-310
Balance of prefunding at beginning of current year2021-03-31137,042
Total employer contributions2021-03-310
Total employee contributions2021-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-03-310
Contributions made to avoid restrictions adjusted to valuation date2021-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-03-310
Liquidity shortfalls end of Q12021-03-310
Liquidity shortfalls end of Q22021-03-310
Liquidity shortfalls end of Q32021-03-310
Liquidity shortfalls end of Q42021-03-310
Unpaid minimum required contributions for all prior years2021-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-03-310
Remaining amount of unpaid minimum required contributions2021-03-310
Minimum required contributions for current year target normal cost2021-03-314,769
Net shortfall amortization installment of oustanding balance2021-03-31150,539
Waiver amortization installment2021-03-310
Total funding amount beforereflecting carryover/prefunding balances2021-03-3161,751
Carryover balance elected to use to offset funding requirement2021-03-310
Prefunding balance elected to use to offset funding requirement2021-03-3161,751
Additional cash requirement2021-03-310
Contributions allocatedtoward minimum required contributions for current year2021-03-310
Unpaid minimum required contributions for current year2021-03-310
Unpaid minimum required contributions for all years2021-03-310
2020: CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES 2020 401k membership
Market value of plan assets2020-03-311,728,614
Acturial value of plan assets2020-03-311,725,716
Funding target for retired participants and beneficiaries receiving payment2020-03-311,157,059
Number of terminated vested participants2020-03-3138
Fundng target for terminated vested participants2020-03-31439,008
Active participant vested funding target2020-03-31125,751
Number of active participants2020-03-319
Total funding liabilities for active participants2020-03-31128,863
Total participant count2020-03-3179
Total funding target for all participants2020-03-311,724,930
Balance at beginning of prior year after applicable adjustments2020-03-310
Prefunding balance at beginning of prior year after applicable adjustments2020-03-31207,255
Carryover balanced portion elected for use to offset prior years funding requirement2020-03-310
Prefunding balanced used to offset prior years funding requirement2020-03-3125,638
Amount remaining of carryover balance2020-03-310
Amount remaining of prefunding balance2020-03-31181,617
Present value of excess contributions2020-03-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-03-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-03-310
Reductions in caryover balances due to elections or deemed elections2020-03-310
Reductions in prefunding balances due to elections or deemed elections2020-03-310
Balance of carryovers at beginning of current year2020-03-310
Balance of prefunding at beginning of current year2020-03-31190,026
Total employer contributions2020-03-3130,000
Total employee contributions2020-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-03-310
Contributions made to avoid restrictions adjusted to valuation date2020-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-03-3126,588
Liquidity shortfalls end of Q12020-03-310
Liquidity shortfalls end of Q22020-03-310
Liquidity shortfalls end of Q32020-03-310
Liquidity shortfalls end of Q42020-03-310
Unpaid minimum required contributions for all prior years2020-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-03-310
Remaining amount of unpaid minimum required contributions2020-03-310
Minimum required contributions for current year target normal cost2020-03-313,686
Net shortfall amortization installment of oustanding balance2020-03-31189,240
Waiver amortization installment2020-03-310
Total funding amount beforereflecting carryover/prefunding balances2020-03-3172,399
Carryover balance elected to use to offset funding requirement2020-03-310
Prefunding balance elected to use to offset funding requirement2020-03-3145,811
Additional cash requirement2020-03-3126,588
Contributions allocatedtoward minimum required contributions for current year2020-03-3126,588
Unpaid minimum required contributions for current year2020-03-310
Unpaid minimum required contributions for all years2020-03-310
2019: CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES 2019 401k membership
Market value of plan assets2019-03-311,708,705
Acturial value of plan assets2019-03-311,648,663
Funding target for retired participants and beneficiaries receiving payment2019-03-31921,887
Number of terminated vested participants2019-03-3141
Fundng target for terminated vested participants2019-03-31453,653
Active participant vested funding target2019-03-31298,329
Number of active participants2019-03-3112
Total funding liabilities for active participants2019-03-31305,133
Total participant count2019-03-3182
Total funding target for all participants2019-03-311,680,673
Balance at beginning of prior year after applicable adjustments2019-03-310
Prefunding balance at beginning of prior year after applicable adjustments2019-03-3197,209
Carryover balanced portion elected for use to offset prior years funding requirement2019-03-310
Prefunding balanced used to offset prior years funding requirement2019-03-310
Amount remaining of carryover balance2019-03-310
Amount remaining of prefunding balance2019-03-3197,209
Present value of excess contributions2019-03-3193,862
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-03-3199,334
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-03-3199,334
Reductions in caryover balances due to elections or deemed elections2019-03-310
Reductions in prefunding balances due to elections or deemed elections2019-03-310
Balance of carryovers at beginning of current year2019-03-310
Balance of prefunding at beginning of current year2019-03-31207,255
Total employer contributions2019-03-3160,000
Total employee contributions2019-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-03-310
Contributions made to avoid restrictions adjusted to valuation date2019-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-03-3153,823
Liquidity shortfalls end of Q12019-03-310
Liquidity shortfalls end of Q22019-03-310
Liquidity shortfalls end of Q32019-03-310
Liquidity shortfalls end of Q42019-03-310
Unpaid minimum required contributions for all prior years2019-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-03-310
Remaining amount of unpaid minimum required contributions2019-03-310
Minimum required contributions for current year target normal cost2019-03-3112,249
Net shortfall amortization installment of oustanding balance2019-03-31239,265
Waiver amortization installment2019-03-310
Total funding amount beforereflecting carryover/prefunding balances2019-03-3179,461
Carryover balance elected to use to offset funding requirement2019-03-310
Prefunding balance elected to use to offset funding requirement2019-03-3125,638
Additional cash requirement2019-03-3153,823
Contributions allocatedtoward minimum required contributions for current year2019-03-3153,823
Unpaid minimum required contributions for current year2019-03-310
Unpaid minimum required contributions for all years2019-03-310
2018: CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES 2018 401k membership
Market value of plan assets2018-03-311,469,777
Acturial value of plan assets2018-03-311,456,712
Funding target for retired participants and beneficiaries receiving payment2018-03-31753,327
Number of terminated vested participants2018-03-3144
Fundng target for terminated vested participants2018-03-31546,630
Active participant vested funding target2018-03-31321,912
Number of active participants2018-03-3113
Total funding liabilities for active participants2018-03-31322,196
Total participant count2018-03-3181
Total funding target for all participants2018-03-311,622,153
Balance at beginning of prior year after applicable adjustments2018-03-310
Prefunding balance at beginning of prior year after applicable adjustments2018-03-31139,742
Carryover balanced portion elected for use to offset prior years funding requirement2018-03-310
Prefunding balanced used to offset prior years funding requirement2018-03-3151,913
Amount remaining of carryover balance2018-03-310
Amount remaining of prefunding balance2018-03-3187,829
Present value of excess contributions2018-03-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-03-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-03-310
Reductions in caryover balances due to elections or deemed elections2018-03-310
Reductions in prefunding balances due to elections or deemed elections2018-03-310
Balance of carryovers at beginning of current year2018-03-310
Balance of prefunding at beginning of current year2018-03-3197,209
Total employer contributions2018-03-31180,000
Total employee contributions2018-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-03-310
Contributions made to avoid restrictions adjusted to valuation date2018-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-03-31168,986
Liquidity shortfalls end of Q12018-03-310
Liquidity shortfalls end of Q22018-03-310
Liquidity shortfalls end of Q32018-03-310
Liquidity shortfalls end of Q42018-03-310
Unpaid minimum required contributions for all prior years2018-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-03-310
Remaining amount of unpaid minimum required contributions2018-03-310
Minimum required contributions for current year target normal cost2018-03-3112,623
Net shortfall amortization installment of oustanding balance2018-03-31262,650
Waiver amortization installment2018-03-310
Total funding amount beforereflecting carryover/prefunding balances2018-03-3175,124
Carryover balance elected to use to offset funding requirement2018-03-310
Prefunding balance elected to use to offset funding requirement2018-03-310
Additional cash requirement2018-03-3175,124
Contributions allocatedtoward minimum required contributions for current year2018-03-31168,986
Unpaid minimum required contributions for current year2018-03-310
Unpaid minimum required contributions for all years2018-03-310
2017: CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES 2017 401k membership
Market value of plan assets2017-03-311,381,647
Acturial value of plan assets2017-03-311,430,668
Funding target for retired participants and beneficiaries receiving payment2017-03-31558,972
Number of terminated vested participants2017-03-3146
Fundng target for terminated vested participants2017-03-31572,502
Active participant vested funding target2017-03-31420,488
Number of active participants2017-03-3115
Total funding liabilities for active participants2017-03-31421,913
Total participant count2017-03-3180
Total funding target for all participants2017-03-311,553,387
Balance at beginning of prior year after applicable adjustments2017-03-310
Prefunding balance at beginning of prior year after applicable adjustments2017-03-31113,797
Carryover balanced portion elected for use to offset prior years funding requirement2017-03-310
Prefunding balanced used to offset prior years funding requirement2017-03-310
Amount remaining of carryover balance2017-03-310
Amount remaining of prefunding balance2017-03-31113,797
Present value of excess contributions2017-03-3122,394
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-03-3123,794
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-03-3123,794
Reductions in caryover balances due to elections or deemed elections2017-03-310
Reductions in prefunding balances due to elections or deemed elections2017-03-310
Balance of carryovers at beginning of current year2017-03-310
Balance of prefunding at beginning of current year2017-03-31139,742
Total employer contributions2017-03-3125,000
Total employee contributions2017-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-03-310
Contributions made to avoid restrictions adjusted to valuation date2017-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-03-3121,337
Liquidity shortfalls end of Q12017-03-310
Liquidity shortfalls end of Q22017-03-310
Liquidity shortfalls end of Q32017-03-310
Liquidity shortfalls end of Q42017-03-310
Unpaid minimum required contributions for all prior years2017-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-03-310
Remaining amount of unpaid minimum required contributions2017-03-310
Minimum required contributions for current year target normal cost2017-03-3118,005
Net shortfall amortization installment of oustanding balance2017-03-31262,461
Waiver amortization installment2017-03-310
Waived amount of outstanding balance2017-03-310
Total funding amount beforereflecting carryover/prefunding balances2017-03-3173,250
Carryover balance elected to use to offset funding requirement2017-03-310
Prefunding balance elected to use to offset funding requirement2017-03-3151,913
Additional cash requirement2017-03-3121,337
Contributions allocatedtoward minimum required contributions for current year2017-03-3121,337
Unpaid minimum required contributions for current year2017-03-310
Unpaid minimum required contributions for all years2017-03-310

Form 5500 Responses for CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES

2008: CHARLES J. MERLO, INC. PENSION PLAN FOR UNION EMPLOYEES 2008 form 5500 responses
2008-04-01Type of plan entitySingle employer plan
2008-04-01Submission has been amendedYes
2008-04-01This submission is the final filingNo
2008-04-01This return/report is a short plan year return/report (less than 12 months)No
2008-04-01Plan is a collectively bargained planNo

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