Logo

SO. CAL. SANDBAGS, INC. CASH BALANCE PLAN 401k Plan overview

Plan NameSO. CAL. SANDBAGS, INC. CASH BALANCE PLAN
Plan identification number 003

SO. CAL. SANDBAGS, INC. CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • 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).
  • 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

SO. CAL. SANDBAGS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SO. CAL. SANDBAGS, INC.
Employer identification number (EIN):330649970
NAIC Classification:423300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SO. CAL. SANDBAGS, INC. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01
0032016-01-01
0032015-01-01
0032014-01-01

Plan Statistics for SO. CAL. SANDBAGS, INC. CASH BALANCE PLAN

401k plan membership statisitcs for SO. CAL. SANDBAGS, INC. CASH BALANCE PLAN

Measure Date Value
2021: SO. CAL. SANDBAGS, INC. CASH BALANCE PLAN 2021 401k membership
Market value of plan assets2021-12-312,950,063
Acturial value of plan assets2021-12-312,950,063
Funding target for retired participants and beneficiaries receiving payment2021-12-317,217
Number of terminated vested participants2021-12-3115
Fundng target for terminated vested participants2021-12-3145,297
Active participant vested funding target2021-12-313,009,487
Number of active participants2021-12-3140
Total funding liabilities for active participants2021-12-313,009,988
Total participant count2021-12-3156
Total funding target for all participants2021-12-313,062,502
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3159,558
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-3159,558
Present value of excess contributions2021-12-311,493
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-311,493
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-3160,308
Total employer contributions2021-12-31572,035
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-31559,231
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31366,401
Net shortfall amortization installment of oustanding balance2021-12-31175,943
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-31395,397
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-31395,397
Contributions allocatedtoward minimum required contributions for current year2021-12-31559,231
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: SO. CAL. SANDBAGS, INC. CASH BALANCE PLAN 2020 401k membership
Market value of plan assets2020-12-312,455,608
Acturial value of plan assets2020-12-312,455,608
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-317
Fundng target for terminated vested participants2020-12-3112,159
Active participant vested funding target2020-12-312,131,145
Number of active participants2020-12-3146
Total funding liabilities for active participants2020-12-312,131,145
Total participant count2020-12-3153
Total funding target for all participants2020-12-312,143,304
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3157,092
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-3157,092
Present value of excess contributions2020-12-31351,482
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31351,482
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-3159,558
Total employer contributions2020-12-31491,530
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31475,193
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31723,301
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31473,700
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-31473,700
Contributions allocatedtoward minimum required contributions for current year2020-12-31475,193
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: SO. CAL. SANDBAGS, INC. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-312,056,076
Acturial value of plan assets2019-12-312,056,076
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-314
Fundng target for terminated vested participants2019-12-319,115
Active participant vested funding target2019-12-312,023,327
Number of active participants2019-12-3149
Total funding liabilities for active participants2019-12-312,023,327
Total participant count2019-12-3153
Total funding target for all participants2019-12-312,032,442
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3168,636
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-3112,465
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-3156,171
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-3157,092
Total employer contributions2019-12-31371,750
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31360,346
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-310
Net shortfall amortization installment of oustanding balance2019-12-3136,495
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-318,864
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-318,864
Contributions allocatedtoward minimum required contributions for current year2019-12-31360,346
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: SO. CAL. SANDBAGS, INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-311,598,888
Acturial value of plan assets2018-12-311,598,888
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-315
Fundng target for terminated vested participants2018-12-317,412
Active participant vested funding target2018-12-311,559,178
Number of active participants2018-12-3150
Total funding liabilities for active participants2018-12-311,559,731
Total participant count2018-12-3155
Total funding target for all participants2018-12-311,567,143
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3167,522
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-3167,522
Present value of excess contributions2018-12-3128,885
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-3128,885
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-3168,636
Total employer contributions2018-12-31379,978
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31357,705
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31361,792
Net shortfall amortization installment of oustanding balance2018-12-3140,532
Waiver amortization installment2018-12-310
Waived amount of outstanding balance2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31370,170
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-3112,465
Additional cash requirement2018-12-31357,705
Contributions allocatedtoward minimum required contributions for current year2018-12-31357,705
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: SO. CAL. SANDBAGS, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-311,167,596
Acturial value of plan assets2017-12-311,167,596
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-315
Fundng target for terminated vested participants2017-12-318,244
Active participant vested funding target2017-12-311,114,418
Number of active participants2017-12-3150
Total funding liabilities for active participants2017-12-311,114,418
Total participant count2017-12-3155
Total funding target for all participants2017-12-311,122,662
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3171,425
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-318,596
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-3162,829
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-3167,522
Total employer contributions2017-12-31421,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31399,042
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31364,789
Net shortfall amortization installment of oustanding balance2017-12-3126,231
Waiver amortization installment2017-12-310
Waived amount of outstanding balance2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31370,157
Additional cash requirement2017-12-31370,157
Contributions allocatedtoward minimum required contributions for current year2017-12-31399,042
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: SO. CAL. SANDBAGS, INC. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-31736,512
Acturial value of plan assets2016-12-31736,512
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-315
Fundng target for terminated vested participants2016-12-315,870
Active participant vested funding target2016-12-31707,750
Number of active participants2016-12-3136
Total funding liabilities for active participants2016-12-31707,750
Total participant count2016-12-3141
Total funding target for all participants2016-12-31713,620
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3134,235
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-3134,235
Present value of excess contributions2016-12-3132,113
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3132,113
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-3132,113
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-3171,425
Total employer contributions2016-12-31366,106
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31350,201
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31349,776
Net shortfall amortization installment of oustanding balance2016-12-3154,601
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31358,797
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-318,596
Additional cash requirement2016-12-31350,201
Contributions allocatedtoward minimum required contributions for current year2016-12-31350,201
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

Potentially related plans

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

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1