POINT OF IMPACT, INC. DEFINED BENEFIT PENSION PLAN 401k Plan overview

POINT OF IMPACT, INC. DEFINED BENEFIT PENSION PLAN Benefits

401k Sponsoring company profile

Company Name:	POINT OF IMPACT, INC.
Employer identification number (EIN):	311301501
NAIC Classification:	423200

Additional information about POINT OF IMPACT, INC.

Jurisdiction of Incorporation:	Virginia Secretary of State
Incorporation Date:	1998-05-13
Company Identification Number:	F133783
Legal Registered Office Address:	1337 TAYLOR FARM RD UNIT 100 VIRGINIA BEACH United States of America (USA) 23453

More information about POINT OF IMPACT, INC.

Form 5500 Filing Information

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2020-01-01
002	2019-01-01
002	2018-01-01
002	2017-01-01
002	2016-01-01
002	2015-01-01
002	2014-01-01	ROBERT WOLF	2015-10-02
002	2013-01-01	ROBERT WOLF	2014-06-02
002	2012-01-01	ROBERT WOLF	2013-08-22
002	2011-01-01	ROBERT WOLF	2012-09-19
002	2010-01-01	ROBERT WOLF	2011-05-20

Plan Statistics for POINT OF IMPACT, INC. DEFINED BENEFIT PENSION PLAN

Measure	Date	Value
2019: POINT OF IMPACT, INC. DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	610,472
Acturial value of plan assets	2019-12-31	610,472
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	15
Fundng target for terminated vested participants	2019-12-31	130,198
Active participant vested funding target	2019-12-31	319,291
Number of active participants	2019-12-31	20
Total funding liabilities for active participants	2019-12-31	319,904
Total participant count	2019-12-31	35
Total funding target for all participants	2019-12-31	450,102
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	0
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	38,514
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	0
Additional cash requirement	2019-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: POINT OF IMPACT, INC. DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	658,833
Acturial value of plan assets	2018-12-31	658,833
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	13
Fundng target for terminated vested participants	2018-12-31	7,103
Active participant vested funding target	2018-12-31	383,351
Number of active participants	2018-12-31	21
Total funding liabilities for active participants	2018-12-31	383,443
Total participant count	2018-12-31	34
Total funding target for all participants	2018-12-31	390,546
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	0
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	45,285
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: POINT OF IMPACT, INC. DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	580,858
Acturial value of plan assets	2017-12-31	580,858
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	12
Fundng target for terminated vested participants	2017-12-31	4,805
Active participant vested funding target	2017-12-31	322,770
Number of active participants	2017-12-31	20
Total funding liabilities for active participants	2017-12-31	328,031
Total participant count	2017-12-31	32
Total funding target for all participants	2017-12-31	332,836
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	0
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	44,199
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: POINT OF IMPACT, INC. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	673,362
Acturial value of plan assets	2016-12-31	673,362
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	18
Fundng target for terminated vested participants	2016-12-31	101,657
Active participant vested funding target	2016-12-31	258,815
Number of active participants	2016-12-31	20
Total funding liabilities for active participants	2016-12-31	263,613
Total participant count	2016-12-31	38
Total funding target for all participants	2016-12-31	365,270
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	0
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	43,177
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Potentially related plans

• POINT OF CARING 401(K) RETIREMENT PLAN [EIN = 261103371]
• POINT OF HOPE, INC. 401(K) PLAN [EIN = 202905983]
• POINT OF THE BLUFF VINEYARD LL 401 K PROFIT SHARING PLAN TRUST [EIN = 203788387]
• POINT OF CONTACT TEXAS INC 401 K PROFIT SHARING PLAN TRUST [EIN = 471855393]
• POINT OF PURCHASE ADVERTISING 401 K PROFIT SHARING PLAN TRUST [EIN = 131174971]
• POINT OF CARE PARTNERS LLC 401 K PROFIT SHARING PLAN TRUST [EIN = 200477963]
• POINT OF SALE SYSTEM SERVICES, INC. 401K RETIREMENT PROFIT SHARING PLAN [EIN = 232638702]
• POINT OF SALE TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN [EIN = 232899212]
• POINT OF AMERICAS CONDOMINIUM 401 K PROFIT SHARING PLAN TRUST [EIN = 465056676]
• POINT OF CARE HEALTH GROUP 401(K) PLAN [EIN = 300876536]
• POINT OF BEGINNING, INC. 401(K) PLAN [EIN = 392021435]
• POINT OF CARE NETWORK, LLC 401(K) PLAN [EIN = 471904171]
• POINT OF THE AMERICAS II 401(K) PLAN [EIN = 591283863]
• POINT OF SALE INNOVATION INC OHIO SOCA BENEFIT PLAN [EIN = 260631289]
• POINT OF SALE, INC. RETIREMENT PLAN [EIN = 300663213]
• POINT OF PERFECTION SALON, IN OFB BENEFIT PLAN [EIN = 341835923]
• POINT OF LIGHT INC. 401(K) PLAN [EIN = 300521687]
• POINT OF HOPE INC [EIN = 202905983]

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