401k Plan data: MAX MANAGEMENT & LEASING, INC. PENSION PLAN plan

MAX MANAGEMENT & LEASING, INC. PENSION PLAN 401k Plan overview

Plan Name	MAX MANAGEMENT & LEASING, INC. PENSION PLAN
Plan identification number	001

MAX MANAGEMENT & LEASING, INC. PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
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).
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

MAX MANAGEMENT & LEASING, INC. has sponsored the creation of one or more 401k plans.

Company Name: MAX MANAGEMENT & LEASING, INC.

Employer identification number (EIN): 330965387

NAIC Classification: 236110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAX MANAGEMENT & LEASING, INC. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01
001 2010-01-01
001 2010-01-01

Plan Statistics for MAX MANAGEMENT & LEASING, INC. PENSION PLAN

401k plan membership statisitcs for MAX MANAGEMENT & LEASING, INC. PENSION PLAN

Measure Date Value
2011: MAX MANAGEMENT & LEASING, INC. PENSION PLAN 2011 401k membership
Market value of plan assets 2011-12-31 130,886
Acturial value of plan assets 2011-12-31 130,886
Funding target for retired participants and beneficiaries receiving payment 2011-12-31 0
Number of terminated vested participants 2011-12-31 1
Fundng target for terminated vested participants 2011-12-31 157,820
Active participant vested funding target 2011-12-31 406,213
Number of active participants 2011-12-31 1
Total funding liabilities for active participants 2011-12-31 677,022
Total participant count 2011-12-31 2
Total funding target for all participants 2011-12-31 834,842
Balance at beginning of prior year after applicable adjustments 2011-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2011-12-31 295,998
Carryover balanced portion elected for use to offset prior years funding requirement 2011-12-31 0
Prefunding balanced used to offset prior years funding requirement 2011-12-31 64,918
Amount remaining of carryover balance 2011-12-31 0
Amount remaining of prefunding balance 2011-12-31 231,080
Present value of excess contributions 2011-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2011-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2011-12-31 0
Reductions in caryover balances due to elections or deemed elections 2011-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2011-12-31 61,225
Balance of carryovers at beginning of current year 2011-12-31 0
Balance of prefunding at beginning of current year 2011-12-31 128,330
Total employer contributions 2011-12-31 1,066,000
Total employee contributions 2011-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2011-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2011-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2011-12-31 1,064,123
Unpaid minimum required contributions for all prior years 2011-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2011-12-31 0
Remaining amount of unpaid minimum required contributions 2011-12-31 0
Minimum required contributions for current year target normal cost 2011-12-31 243,209
Net shortfall amortization installment of oustanding balance 2011-12-31 834,839
Waiver amortization installment 2011-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2011-12-31 387,197
Additional cash requirement 2011-12-31 387,197
Contributions allocatedtoward minimum required contributions for current year 2011-12-31 1,064,123
Unpaid minimum required contributions for current year 2011-12-31 0
Unpaid minimum required contributions for all years 2011-12-31 0

Measure	Date	Value
2011: MAX MANAGEMENT & LEASING, INC. PENSION PLAN 2011 401k membership
Market value of plan assets	2011-12-31	130,886
Acturial value of plan assets	2011-12-31	130,886
Funding target for retired participants and beneficiaries receiving payment	2011-12-31	0
Number of terminated vested participants	2011-12-31	1
Fundng target for terminated vested participants	2011-12-31	157,820
Active participant vested funding target	2011-12-31	406,213
Number of active participants	2011-12-31	1
Total funding liabilities for active participants	2011-12-31	677,022
Total participant count	2011-12-31	2
Total funding target for all participants	2011-12-31	834,842
Balance at beginning of prior year after applicable adjustments	2011-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2011-12-31	295,998
Carryover balanced portion elected for use to offset prior years funding requirement	2011-12-31	0
Prefunding balanced used to offset prior years funding requirement	2011-12-31	64,918
Amount remaining of carryover balance	2011-12-31	0
Amount remaining of prefunding balance	2011-12-31	231,080
Present value of excess contributions	2011-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2011-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2011-12-31	0
Reductions in caryover balances due to elections or deemed elections	2011-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2011-12-31	61,225
Balance of carryovers at beginning of current year	2011-12-31	0
Balance of prefunding at beginning of current year	2011-12-31	128,330
Total employer contributions	2011-12-31	1,066,000
Total employee contributions	2011-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2011-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2011-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2011-12-31	1,064,123
Unpaid minimum required contributions for all prior years	2011-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2011-12-31	0
Remaining amount of unpaid minimum required contributions	2011-12-31	0
Minimum required contributions for current year target normal cost	2011-12-31	243,209
Net shortfall amortization installment of oustanding balance	2011-12-31	834,839
Waiver amortization installment	2011-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2011-12-31	387,197
Additional cash requirement	2011-12-31	387,197
Contributions allocatedtoward minimum required contributions for current year	2011-12-31	1,064,123
Unpaid minimum required contributions for current year	2011-12-31	0
Unpaid minimum required contributions for all years	2011-12-31	0

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Company Name:	MAX MANAGEMENT & LEASING, INC.
Employer identification number (EIN):	330965387
NAIC Classification:	236110