BENEFIT PLAN PARTNERS, LLC DEFINED BENEFIT PENSION PLAN 401k Plan overview

BENEFIT PLAN PARTNERS, LLC DEFINED BENEFIT PENSION PLAN Benefits

401k Sponsoring company profile

Company Name:	BENEFIT PLAN PARTNERS, LLC.
Employer identification number (EIN):	271933970
NAIC Classification:	524210
NAIC Description:	Insurance Agencies and Brokerages

Form 5500 Filing Information

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01

Plan Statistics for BENEFIT PLAN PARTNERS, LLC DEFINED BENEFIT PENSION PLAN

Measure	Date	Value
2022: BENEFIT PLAN PARTNERS, LLC DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets	2022-12-31	994,256
Acturial value of plan assets	2022-12-31	994,256
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	0
Fundng target for terminated vested participants	2022-12-31	0
Active participant vested funding target	2022-12-31	1,249,275
Number of active participants	2022-12-31	3
Total funding liabilities for active participants	2022-12-31	1,249,275
Total participant count	2022-12-31	3
Total funding target for all participants	2022-12-31	1,249,275
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	25,025
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	25,025
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	0
Total employer contributions	2022-12-31	252,211
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	234,616
Liquidity shortfalls end of Q1	2022-12-31	0
Liquidity shortfalls end of Q2	2022-12-31	0
Liquidity shortfalls end of Q3	2022-12-31	0
Liquidity shortfalls end of Q4	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	210,542
Net shortfall amortization installment of oustanding balance	2022-12-31	255,019
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	234,109
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	234,109
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	234,616
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: BENEFIT PLAN PARTNERS, LLC DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	938,325
Acturial value of plan assets	2021-12-31	938,325
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	960,874
Number of active participants	2021-12-31	3
Total funding liabilities for active participants	2021-12-31	960,874
Total participant count	2021-12-31	3
Total funding target for all participants	2021-12-31	960,874
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	77,490
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	77,490
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	0
Total employer contributions	2021-12-31	240,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	223,671
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	174,299
Net shortfall amortization installment of oustanding balance	2021-12-31	22,549
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	198,646
Additional cash requirement	2021-12-31	198,646
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	223,671
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: BENEFIT PLAN PARTNERS, LLC DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	587,697
Acturial value of plan assets	2020-12-31	587,697
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	745,972
Number of active participants	2020-12-31	3
Total funding liabilities for active participants	2020-12-31	747,172
Total participant count	2020-12-31	3
Total funding target for all participants	2020-12-31	747,172
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	22,647
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	22,647
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	296,932
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	281,592
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	163,032
Net shortfall amortization installment of oustanding balance	2020-12-31	159,475
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	204,102
Additional cash requirement	2020-12-31	204,102
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	281,592
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0

Potentially related plans

• BENEFIT PLAN - GROUP INSURANCE [EIN = 131824190]
• BENEFIT PLAN - MEDICAL, DENTAL, LIFE, AD&D, LTD, STD AND FSA [EIN = 133090509]
• BENEFIT PLANS, INC. 401(K) PROFIT SHARING PLAN [EIN = 470617162]
• BENEFIT PLAN FOR UMWA REPRESENTED RETIREES OF PENNSYLVANIA MINES, LLC [EIN = 233056813]
• BENEFIT PLAN FOR THE EMPLOYEES OF MATERIALS PROCESSING, INC. AND ITS SUBSIDIARIES [EIN = 351343660]
• BENEFIT PLAN [EIN = 454015618]
• BENEFIT PLAN [EIN = 522218784]
• BENEFIT PLANS OF BGF INDUSTRIES, INC. [EIN = 561600845]
• BENEFIT PLAN FOR THE EMPLOYEES OF TED BRITT FORD SALES, INC. [EIN = 540652756]
• BENEFIT PLAN FOR EMPLOYEES OF WEST VIRGINIA UNIVERSITY MEDICAL CORPORATION [EIN = 550492006]
• BENEFIT PLAN LTD [EIN = 621506111]
• BENEFIT PLAN FOR 1ST SECURITY BANK OF WA [EIN = 910459933]
• BENEFIT PLAN FOR EMPLOYEES OF KENWAL PRODUCTS CORPORATION [EIN = 381292661]
• BENEFIT PLAN OF SOUTH BAY MOTORS, LLC [EIN = 954761461]
• BENEFIT PLANS THRIFT PLAN [EIN = 550578023]
• BENEFIT PLAN OF TOYOTA SANTA MONICA [EIN = 952907795]
• BENEFIT PLAN OF SULLIVAN LUXURY CARS LLC [EIN = 392065116]
• BENEFIT PLAN ADMINISTRATION OF WISCONSIN INC SAVINGS PLAN [EIN = 391400101]
• BENEFIT PLANNING SERVICES, LLC 401(K) PLAN [EIN = 262783645]
• BENEFIT PLANNING CONSULTANTS, INC. PROFIT SHARING PLAN [EIN = 363036100]
• BENEFIT PLAN ADMINISTRATION OF NEW JERSEY, INC. 401(K) PLAN [EIN = 222714749]
• BENEFIT PLAN ADMINISTRATORS, INC. 401(K) PLAN [EIN = 541419753]
• BENEFIT PLAN ALTERNATIVES, INC. 401(K) PROFIT SHARING PLAN [EIN = 341663878]
• BENEFIT PLAN OF GIRL SCOUTS OF EASTERN PENNSYLVANIA [EIN = 231352309]
• BENEFIT PLANNING SERVICES, INC. 401(K) PLAN [EIN = 141645580]
• BENEFIT PLANNING GROUP, INC. 401(K) PLAN [EIN = 522210490]
• BENEFIT PLANS, INC. PROFIT SHARING PLAN [EIN = 954654044]
• BENEFIT PLANS, INC DEFINED BENEFIT PLAN [EIN = 954654044]
• BENEFIT PLAN CONSULTANTS INC. 401(K) PROFIT SHARING PLAN [EIN = 411485397]
• BENEFIT PLAN ADMINISTRATOR S, INC. PROFIT SHARING PLAN [EIN = 880277518]
• BENEFIT PLAN FOR EMPLOYEES OF FLAT ROCK METAL INC, BAR PROCESSING CORPORATION AND FLAT ROCK METAL PROCESSING, L.L.C. [EIN = 382372307]
• BENEFIT PLAN COORDINATORS, INC. PROFIT SHARING PLAN [EIN = 952904643]
• BENEFIT PLANNING GROUP PENSION PLAN [EIN = 133436287]
• BENEFIT PLAN DESIGNS MONEY PURCHASE PENSION PLAN [EIN = 043239959]
• BENEFIT PLANS [EIN = 593187624]
• BENEFIT PLAN OF HOLLYWOOD MOTOR CARS, LLC [EIN = 954656552]
• BENEFIT PLAN FOR ACTIVE EMPLOYEES OF AQUA AMERICA, INC. [EIN = 231702594]
• BENEFIT PLAN OF VOLKSWAGEN SANTA MONICA, INC. [EIN = 952303176]
• BENEFIT PLAN FOR SENECA SAWMILL COMPANY [EIN = 930474445]
• BENEFIT PLANS [EIN = 591555207]
• BENEFIT PLAN FOR THE MPLOYEES OF TRI COUNTY COAL REPRESENTED BY THE UMWA [EIN = 270441750]
• BENEFIT PLAN [EIN = 363429604]
• BENEFIT PLAN [EIN = 520559855]
• BENEFIT PLAN FOR AIRNET SYSTEMS, INC. [EIN = 311458309]
• BENEFIT PLAN OF UNION HOSPITAL FOUNDATION, INC. [EIN = 351642823]
• BENEFIT PLAN [EIN = 752885620]
• BENEFIT PLAN OF FIRST FINANCIAL SERVICES, INC. [EIN = 561754694]
• BENEFIT PLAN VISION [EIN = 621506111]
• BENEFIT PLAN [EIN = 590896138]
• BENEFIT PLAN MANAGEMENT INC. 401K PLAN [EIN = 043491978]
• BENEFIT PLAN FOR UMWA REPRESENTED EMPLOYEES OF THE FLORENCE MINING COMPANY [EIN = 341002232]
• BENEFIT PLAN OF THE WELLA CORPORATION [EIN = 133146121]
• BENEFIT PLAN FOR EMPLOYEES OF MAPLE MOUNTAIN INDUSTRIES, INC. [EIN = 251697967]
• BENEFIT PLAN [EIN = 821237575]
• BENEFIT PLANS [EIN = 800950744]
• BENEFIT PLANNING SOLUTIONS [EIN = 851766364]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping