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B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST 401k Plan overview

Plan NameB & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST
Plan identification number 001

B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST Benefits

401k Plan TypeDefined 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).
  • 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

B & B CONTRACTORS & DEVELOPERS, INC. has sponsored the creation of one or more 401k plans.

Company Name:B & B CONTRACTORS & DEVELOPERS, INC.
Employer identification number (EIN):341564826
NAIC Classification:237210
NAIC Description:Land Subdivision

Form 5500 Filing Information

Submission information for form 5500 for 401k plan B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01HANS NIENABER2013-10-08
0012011-01-01HANS NIENABER2012-10-13
0012010-01-01HANS NIENABER2011-10-13

Plan Statistics for B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST

401k plan membership statisitcs for B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST

Measure Date Value
2022: B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST 2022 401k membership
Market value of plan assets2022-12-31939,374
Acturial value of plan assets2022-12-31939,374
Funding target for retired participants and beneficiaries receiving payment2022-12-31684,036
Number of terminated vested participants2022-12-314
Fundng target for terminated vested participants2022-12-3159,182
Active participant vested funding target2022-12-3146,267
Number of active participants2022-12-312
Total funding liabilities for active participants2022-12-3146,267
Total participant count2022-12-318
Total funding target for all participants2022-12-31789,485
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-31200
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31211
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-310
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST 2021 401k membership
Market value of plan assets2021-12-311,332,059
Acturial value of plan assets2021-12-311,332,059
Funding target for retired participants and beneficiaries receiving payment2021-12-311,035,309
Number of terminated vested participants2021-12-319
Fundng target for terminated vested participants2021-12-31162,036
Active participant vested funding target2021-12-31257,653
Number of active participants2021-12-313
Total funding liabilities for active participants2021-12-31257,653
Total participant count2021-12-3115
Total funding target for all participants2021-12-311,454,998
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
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 balance2021-12-310
Present value of excess contributions2021-12-314,373
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-314,619
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 year2021-12-310
Total employer contributions2021-12-3114,000
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 date2021-12-3113,589
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
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 cost2021-12-310
Net shortfall amortization installment of oustanding balance2021-12-31122,939
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3113,389
Additional cash requirement2021-12-3113,389
Contributions allocatedtoward minimum required contributions for current year2021-12-3113,589
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST 2020 401k membership
Market value of plan assets2020-12-311,324,400
Acturial value of plan assets2020-12-311,324,400
Funding target for retired participants and beneficiaries receiving payment2020-12-311,101,918
Number of terminated vested participants2020-12-3110
Fundng target for terminated vested participants2020-12-31440,221
Active participant vested funding target2020-12-31239,172
Number of active participants2020-12-313
Total funding liabilities for active participants2020-12-31239,172
Total participant count2020-12-3117
Total funding target for all participants2020-12-311,781,311
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
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 balance2020-12-310
Present value of excess contributions2020-12-3176
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3180
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 year2020-12-310
Total employer contributions2020-12-3150,000
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 date2020-12-3147,271
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
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 cost2020-12-310
Net shortfall amortization installment of oustanding balance2020-12-31456,911
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3142,898
Additional cash requirement2020-12-3142,898
Contributions allocatedtoward minimum required contributions for current year2020-12-3147,271
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST 2019 401k membership
Market value of plan assets2019-12-311,092,513
Acturial value of plan assets2019-12-311,092,513
Funding target for retired participants and beneficiaries receiving payment2019-12-311,171,196
Number of terminated vested participants2019-12-3110
Fundng target for terminated vested participants2019-12-31424,195
Active participant vested funding target2019-12-31230,417
Number of active participants2019-12-313
Total funding liabilities for active participants2019-12-31230,417
Total participant count2019-12-3117
Total funding target for all participants2019-12-311,825,808
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-31175
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31185
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 year2019-12-310
Total employer contributions2019-12-31204,000
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 date2019-12-31181,096
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
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 balance2019-12-31733,295
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31181,020
Additional cash requirement2019-12-31181,020
Contributions allocatedtoward minimum required contributions for current year2019-12-31181,096
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST 2018 401k membership
Market value of plan assets2018-12-311,169,553
Acturial value of plan assets2018-12-311,169,553
Funding target for retired participants and beneficiaries receiving payment2018-12-311,158,314
Number of terminated vested participants2018-12-3110
Fundng target for terminated vested participants2018-12-31380,367
Active participant vested funding target2018-12-31207,147
Number of active participants2018-12-313
Total funding liabilities for active participants2018-12-31207,147
Total participant count2018-12-3117
Total funding target for all participants2018-12-311,745,828
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
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 balance2018-12-310
Present value of excess contributions2018-12-31613
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31649
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 year2018-12-310
Total employer contributions2018-12-31141,000
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 date2018-12-31123,878
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
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 cost2018-12-310
Net shortfall amortization installment of oustanding balance2018-12-31576,275
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31123,703
Additional cash requirement2018-12-31123,703
Contributions allocatedtoward minimum required contributions for current year2018-12-31123,878
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST 2017 401k membership
Market value of plan assets2017-12-311,060,200
Acturial value of plan assets2017-12-311,060,200
Funding target for retired participants and beneficiaries receiving payment2017-12-311,189,729
Number of terminated vested participants2017-12-319
Fundng target for terminated vested participants2017-12-31335,336
Active participant vested funding target2017-12-31197,665
Number of active participants2017-12-314
Total funding liabilities for active participants2017-12-31197,665
Total participant count2017-12-3117
Total funding target for all participants2017-12-311,722,730
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-3161
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3165
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 year2017-12-310
Total employer contributions2017-12-31141,000
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 date2017-12-31123,385
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
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 cost2017-12-310
Net shortfall amortization installment of oustanding balance2017-12-31662,530
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31122,772
Additional cash requirement2017-12-31122,772
Contributions allocatedtoward minimum required contributions for current year2017-12-31123,385
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: B & B CONTRACTORS & DEVELOPERS, INC. EMPLOYEES' PENSION PLAN & TRUST 2016 401k membership
Market value of plan assets2016-12-311,071,817
Acturial value of plan assets2016-12-311,071,817
Funding target for retired participants and beneficiaries receiving payment2016-12-311,219,873
Number of terminated vested participants2016-12-3111
Fundng target for terminated vested participants2016-12-31170,963
Active participant vested funding target2016-12-31390,986
Number of active participants2016-12-316
Total funding liabilities for active participants2016-12-31390,986
Total participant count2016-12-3121
Total funding target for all participants2016-12-311,781,822
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
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 balance2016-12-310
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
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 year2016-12-310
Total employer contributions2016-12-31175,100
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-3136,573
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31117,320
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
Unpaid minimum required contributions for all prior years2016-12-3136,573
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-3136,573
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-310
Net shortfall amortization installment of oustanding balance2016-12-31710,005
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31117,259
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31117,259
Contributions allocatedtoward minimum required contributions for current year2016-12-31117,320
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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