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Plan Name | NATIONAL CREDITORS CONNECTION, INC. DEFINED BENEFIT PENSION PLAN |
Plan identification number | 002 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
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Company Name: | NATIONAL CREDITORS CONNECTION, INC. |
Employer identification number (EIN): | 330543588 |
NAIC Classification: | 522300 |
NAIC Description: | Activities Related to Credit Intermediation |
Additional information about NATIONAL CREDITORS CONNECTION, INC.
Jurisdiction of Incorporation: | California Department of State |
Incorporation Date: | 1992-09-29 |
Company Identification Number: | C1713414 |
Legal Registered Office Address: |
14 Orchard Rd Lake Forest United States of America (USA) 92630 |
More information about NATIONAL CREDITORS CONNECTION, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2018-01-01 | LORI LYNN | 2019-09-11 | ||
002 | 2017-01-01 | LORI LYNN | 2018-05-08 | ||
002 | 2016-01-01 | LORI LYNN | 2017-06-01 | ||
002 | 2015-01-01 | LORI LYNN | 2016-10-05 | ||
002 | 2014-01-01 | LORI LYNN | 2015-10-01 | ||
002 | 2013-01-01 | RICHARD RODRIGUEZ | 2014-10-06 | ||
002 | 2012-01-01 | RICHARD RODRIGUEZ | 2013-09-30 | ||
002 | 2011-01-01 | RICHARD RODRIGUEZ | 2012-10-12 |
Measure | Date | Value |
---|---|---|
2019: NATIONAL CREDITORS CONNECTION, INC. DEFINED BENEFIT PENSION PLAN 2019 401k membership | ||
Market value of plan assets | 2019-12-31 | 887,911 |
Acturial value of plan assets | 2019-12-31 | 887,911 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 31,989 |
Number of terminated vested participants | 2019-12-31 | 6 |
Fundng target for terminated vested participants | 2019-12-31 | 40,030 |
Active participant vested funding target | 2019-12-31 | 995,847 |
Number of active participants | 2019-12-31 | 14 |
Total funding liabilities for active participants | 2019-12-31 | 995,847 |
Total participant count | 2019-12-31 | 21 |
Total funding target for all participants | 2019-12-31 | 1,067,866 |
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 | 254 |
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 | 254 |
Present value of excess contributions | 2019-12-31 | 5,516 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 5,516 |
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 | 226 |
Total employer contributions | 2019-12-31 | 53,394 |
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 | 52,653 |
Liquidity shortfalls end of Q1 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q4 | 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 | 0 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 180,185 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 22,606 |
Additional cash requirement | 2019-12-31 | 22,606 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 52,653 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
2018: NATIONAL CREDITORS CONNECTION, INC. DEFINED BENEFIT PENSION PLAN 2018 401k membership | ||
Market value of plan assets | 2018-12-31 | 722,465 |
Acturial value of plan assets | 2018-12-31 | 722,465 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 32,281 |
Number of terminated vested participants | 2018-12-31 | 6 |
Fundng target for terminated vested participants | 2018-12-31 | 38,087 |
Active participant vested funding target | 2018-12-31 | 969,077 |
Number of active participants | 2018-12-31 | 14 |
Total funding liabilities for active participants | 2018-12-31 | 969,077 |
Total participant count | 2018-12-31 | 21 |
Total funding target for all participants | 2018-12-31 | 1,039,445 |
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 | 237 |
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 | 237 |
Present value of excess contributions | 2018-12-31 | 2,619 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 2,619 |
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 | 254 |
Total employer contributions | 2018-12-31 | 83,000 |
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 | 78,981 |
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 | 0 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 317,248 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 73,465 |
Additional cash requirement | 2018-12-31 | 73,465 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 78,981 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
2017: NATIONAL CREDITORS CONNECTION, INC. DEFINED BENEFIT PENSION PLAN 2017 401k membership | ||
Market value of plan assets | 2017-12-31 | 757,196 |
Acturial value of plan assets | 2017-12-31 | 757,196 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 31,356 |
Number of terminated vested participants | 2017-12-31 | 19 |
Fundng target for terminated vested participants | 2017-12-31 | 39,727 |
Active participant vested funding target | 2017-12-31 | 905,226 |
Number of active participants | 2017-12-31 | 15 |
Total funding liabilities for active participants | 2017-12-31 | 905,226 |
Total participant count | 2017-12-31 | 35 |
Total funding target for all participants | 2017-12-31 | 976,309 |
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 | 231 |
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 | 231 |
Present value of excess contributions | 2017-12-31 | 7,737 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 7,737 |
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 | 237 |
Total employer contributions | 2017-12-31 | 55,000 |
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 | 53,226 |
Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q4 | 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 | 0 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 219,363 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 50,607 |
Additional cash requirement | 2017-12-31 | 50,607 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 53,226 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
2016: NATIONAL CREDITORS CONNECTION, INC. DEFINED BENEFIT PENSION PLAN 2016 401k membership | ||
Market value of plan assets | 2016-12-31 | 702,300 |
Acturial value of plan assets | 2016-12-31 | 702,300 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 31,753 |
Number of terminated vested participants | 2016-12-31 | 24 |
Fundng target for terminated vested participants | 2016-12-31 | 71,891 |
Active participant vested funding target | 2016-12-31 | 840,548 |
Number of active participants | 2016-12-31 | 17 |
Total funding liabilities for active participants | 2016-12-31 | 840,794 |
Total participant count | 2016-12-31 | 42 |
Total funding target for all participants | 2016-12-31 | 944,438 |
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 | 247 |
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 | 247 |
Present value of excess contributions | 2016-12-31 | 10,105 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 10,105 |
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 | 231 |
Total employer contributions | 2016-12-31 | 55,000 |
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 | 52,712 |
Liquidity shortfalls end of Q1 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q4 | 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 | 0 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 242,383 |
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 | 48,666 |
Additional cash requirement | 2016-12-31 | 48,666 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 52,712 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |