401k Plan data: BUTLER COUNTY LUMBER COMPANY 401(K) PLAN plan

BUTLER COUNTY LUMBER COMPANY 401(K) PLAN 401k Plan overview

Plan Name	BUTLER COUNTY LUMBER COMPANY 401(K) PLAN
Plan identification number	002

BUTLER COUNTY LUMBER COMPANY 401(K) 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).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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

BUTLER COUNTY LUMBER COMPANY has sponsored the creation of one or more 401k plans.

Company Name: BUTLER COUNTY LUMBER COMPANY

Employer identification number (EIN): 310230970

NAIC Classification: 444190
NAIC Description: Other Building Material Dealers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BUTLER COUNTY LUMBER COMPANY 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01
002 2017-09-01 THOMAS A. SANDERS 2019-03-11
002 2017-01-01
002 2016-09-01 THOMAS A. SANDERS 2018-03-14
002 2016-01-01 THOMAS A. SANDERS 2017-04-18
002 2015-09-01 THOMAS A. SANDERS 2017-01-10
002 2015-01-01 THOMAS A. SANDERS 2016-04-19
002 2014-09-01 THOMAS A. SANDERS 2016-02-02
002 2014-01-01 THOMAS A. SANDERS 2015-05-28
002 2013-09-01 THOMAS A. SANDERS 2015-01-13
002 2013-01-01 THOMAS A. SANDERS 2014-02-13
002 2012-09-01 THOMAS A. SANDERS 2014-01-14
002 2012-01-01 THOMAS A. SANDERS 2013-04-15
002 2011-09-01 THOMAS A. SANDERS 2013-03-12
002 2011-01-01 THOMAS A. SANDERS 2012-03-22
002 2010-09-01 THOMAS A. SANDERS 2012-06-06
002 2010-01-01 HERMAN R. SANDERS 2011-03-18

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2022-01-01
002	2021-01-01
002	2020-01-01
002	2019-01-01
002	2018-01-01
002	2017-09-01	THOMAS A. SANDERS	2019-03-11
002	2017-01-01
002	2016-09-01	THOMAS A. SANDERS	2018-03-14
002	2016-01-01	THOMAS A. SANDERS	2017-04-18
002	2015-09-01	THOMAS A. SANDERS	2017-01-10
002	2015-01-01	THOMAS A. SANDERS	2016-04-19
002	2014-09-01	THOMAS A. SANDERS	2016-02-02
002	2014-01-01	THOMAS A. SANDERS	2015-05-28
002	2013-09-01	THOMAS A. SANDERS	2015-01-13
002	2013-01-01	THOMAS A. SANDERS	2014-02-13
002	2012-09-01	THOMAS A. SANDERS	2014-01-14
002	2012-01-01	THOMAS A. SANDERS	2013-04-15
002	2011-09-01	THOMAS A. SANDERS	2013-03-12
002	2011-01-01	THOMAS A. SANDERS	2012-03-22
002	2010-09-01	THOMAS A. SANDERS	2012-06-06
002	2010-01-01	HERMAN R. SANDERS	2011-03-18

Plan Statistics for BUTLER COUNTY LUMBER COMPANY 401(K) PLAN

401k plan membership statisitcs for BUTLER COUNTY LUMBER COMPANY 401(K) PLAN

Measure Date Value
2018: BUTLER COUNTY LUMBER COMPANY 401(K) PLAN 2018 401k membership
Market value of plan assets 2018-08-31 1,612,650
Acturial value of plan assets 2018-08-31 1,584,038
Funding target for retired participants and beneficiaries receiving payment 2018-08-31 685,072
Number of terminated vested participants 2018-08-31 1
Fundng target for terminated vested participants 2018-08-31 8,577
Active participant vested funding target 2018-08-31 875,571
Number of active participants 2018-08-31 7
Total funding liabilities for active participants 2018-08-31 876,416
Total participant count 2018-08-31 14
Total funding target for all participants 2018-08-31 1,570,065
Balance at beginning of prior year after applicable adjustments 2018-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-08-31 135,204
Carryover balanced portion elected for use to offset prior years funding requirement 2018-08-31 0
Prefunding balanced used to offset prior years funding requirement 2018-08-31 0
Amount remaining of carryover balance 2018-08-31 0
Amount remaining of prefunding balance 2018-08-31 135,204
Present value of excess contributions 2018-08-31 99,697
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-08-31 105,689
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-08-31 105,689
Reductions in caryover balances due to elections or deemed elections 2018-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-08-31 0
Balance of carryovers at beginning of current year 2018-08-31 0
Balance of prefunding at beginning of current year 2018-08-31 252,548
Total employer contributions 2018-08-31 388,800
Total employee contributions 2018-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-08-31 371,256
Unpaid minimum required contributions for all prior years 2018-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-08-31 0
Remaining amount of unpaid minimum required contributions 2018-08-31 0
Minimum required contributions for current year target normal cost 2018-08-31 6,500
Net shortfall amortization installment of oustanding balance 2018-08-31 0
Waiver amortization installment 2018-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-08-31 6,500
Carryover balance elected to use to offset funding requirement 2018-08-31 0
Prefunding balance elected to use to offset funding requirement 2018-08-31 0
Additional cash requirement 2018-08-31 6,500
Contributions allocatedtoward minimum required contributions for current year 2018-08-31 371,256
Unpaid minimum required contributions for current year 2018-08-31 0
Unpaid minimum required contributions for all years 2018-08-31 0
2017: BUTLER COUNTY LUMBER COMPANY 401(K) PLAN 2017 401k membership
Market value of plan assets 2017-08-31 1,442,401
Acturial value of plan assets 2017-08-31 1,494,810
Funding target for retired participants and beneficiaries receiving payment 2017-08-31 688,930
Number of terminated vested participants 2017-08-31 1
Fundng target for terminated vested participants 2017-08-31 7,739
Active participant vested funding target 2017-08-31 755,597
Number of active participants 2017-08-31 7
Total funding liabilities for active participants 2017-08-31 756,367
Total participant count 2017-08-31 14
Total funding target for all participants 2017-08-31 1,453,036
Balance at beginning of prior year after applicable adjustments 2017-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-08-31 57,215
Carryover balanced portion elected for use to offset prior years funding requirement 2017-08-31 0
Prefunding balanced used to offset prior years funding requirement 2017-08-31 0
Amount remaining of carryover balance 2017-08-31 0
Amount remaining of prefunding balance 2017-08-31 57,215
Present value of excess contributions 2017-08-31 69,623
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-08-31 73,961
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-08-31 73,961
Reductions in caryover balances due to elections or deemed elections 2017-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-08-31 0
Balance of carryovers at beginning of current year 2017-08-31 0
Balance of prefunding at beginning of current year 2017-08-31 135,204
Total employer contributions 2017-08-31 112,500
Total employee contributions 2017-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-08-31 107,697
Unpaid minimum required contributions for all prior years 2017-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-08-31 0
Remaining amount of unpaid minimum required contributions 2017-08-31 0
Minimum required contributions for current year target normal cost 2017-08-31 8,000
Net shortfall amortization installment of oustanding balance 2017-08-31 0
Waiver amortization installment 2017-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-08-31 8,000
Carryover balance elected to use to offset funding requirement 2017-08-31 0
Prefunding balance elected to use to offset funding requirement 2017-08-31 0
Additional cash requirement 2017-08-31 8,000
Contributions allocatedtoward minimum required contributions for current year 2017-08-31 107,697
Unpaid minimum required contributions for current year 2017-08-31 0
Unpaid minimum required contributions for all years 2017-08-31 0

Measure	Date	Value
2018: BUTLER COUNTY LUMBER COMPANY 401(K) PLAN 2018 401k membership
Market value of plan assets	2018-08-31	1,612,650
Acturial value of plan assets	2018-08-31	1,584,038
Funding target for retired participants and beneficiaries receiving payment	2018-08-31	685,072
Number of terminated vested participants	2018-08-31	1
Fundng target for terminated vested participants	2018-08-31	8,577
Active participant vested funding target	2018-08-31	875,571
Number of active participants	2018-08-31	7
Total funding liabilities for active participants	2018-08-31	876,416
Total participant count	2018-08-31	14
Total funding target for all participants	2018-08-31	1,570,065
Balance at beginning of prior year after applicable adjustments	2018-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-08-31	135,204
Carryover balanced portion elected for use to offset prior years funding requirement	2018-08-31	0
Prefunding balanced used to offset prior years funding requirement	2018-08-31	0
Amount remaining of carryover balance	2018-08-31	0
Amount remaining of prefunding balance	2018-08-31	135,204
Present value of excess contributions	2018-08-31	99,697
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-08-31	105,689
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-08-31	105,689
Reductions in caryover balances due to elections or deemed elections	2018-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-08-31	0
Balance of carryovers at beginning of current year	2018-08-31	0
Balance of prefunding at beginning of current year	2018-08-31	252,548
Total employer contributions	2018-08-31	388,800
Total employee contributions	2018-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-08-31	371,256
Unpaid minimum required contributions for all prior years	2018-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-08-31	0
Remaining amount of unpaid minimum required contributions	2018-08-31	0
Minimum required contributions for current year target normal cost	2018-08-31	6,500
Net shortfall amortization installment of oustanding balance	2018-08-31	0
Waiver amortization installment	2018-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-08-31	6,500
Carryover balance elected to use to offset funding requirement	2018-08-31	0
Prefunding balance elected to use to offset funding requirement	2018-08-31	0
Additional cash requirement	2018-08-31	6,500
Contributions allocatedtoward minimum required contributions for current year	2018-08-31	371,256
Unpaid minimum required contributions for current year	2018-08-31	0
Unpaid minimum required contributions for all years	2018-08-31	0
2017: BUTLER COUNTY LUMBER COMPANY 401(K) PLAN 2017 401k membership
Market value of plan assets	2017-08-31	1,442,401
Acturial value of plan assets	2017-08-31	1,494,810
Funding target for retired participants and beneficiaries receiving payment	2017-08-31	688,930
Number of terminated vested participants	2017-08-31	1
Fundng target for terminated vested participants	2017-08-31	7,739
Active participant vested funding target	2017-08-31	755,597
Number of active participants	2017-08-31	7
Total funding liabilities for active participants	2017-08-31	756,367
Total participant count	2017-08-31	14
Total funding target for all participants	2017-08-31	1,453,036
Balance at beginning of prior year after applicable adjustments	2017-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-08-31	57,215
Carryover balanced portion elected for use to offset prior years funding requirement	2017-08-31	0
Prefunding balanced used to offset prior years funding requirement	2017-08-31	0
Amount remaining of carryover balance	2017-08-31	0
Amount remaining of prefunding balance	2017-08-31	57,215
Present value of excess contributions	2017-08-31	69,623
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-08-31	73,961
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-08-31	73,961
Reductions in caryover balances due to elections or deemed elections	2017-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-08-31	0
Balance of carryovers at beginning of current year	2017-08-31	0
Balance of prefunding at beginning of current year	2017-08-31	135,204
Total employer contributions	2017-08-31	112,500
Total employee contributions	2017-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-08-31	107,697
Unpaid minimum required contributions for all prior years	2017-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-08-31	0
Remaining amount of unpaid minimum required contributions	2017-08-31	0
Minimum required contributions for current year target normal cost	2017-08-31	8,000
Net shortfall amortization installment of oustanding balance	2017-08-31	0
Waiver amortization installment	2017-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-08-31	8,000
Carryover balance elected to use to offset funding requirement	2017-08-31	0
Prefunding balance elected to use to offset funding requirement	2017-08-31	0
Additional cash requirement	2017-08-31	8,000
Contributions allocatedtoward minimum required contributions for current year	2017-08-31	107,697
Unpaid minimum required contributions for current year	2017-08-31	0
Unpaid minimum required contributions for all years	2017-08-31	0

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Company Name:	BUTLER COUNTY LUMBER COMPANY
Employer identification number (EIN):	310230970
NAIC Classification:	444190
NAIC Description:	Other Building Material Dealers