401k Plan data: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN plan

POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN
Plan identification number	001

POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN Benefits

401k Plan Type

Defined 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).
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.

401k Sponsoring company profile

POLICE & FIREMEN'S INSURANCE ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name: POLICE & FIREMEN'S INSURANCE ASSOCIATION

Employer identification number (EIN): 350586820

NAIC Classification: 524150

Form 5500 Filing Information

Submission information for form 5500 for 401k plan POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 JEFF WARNOCK 2023-09-13
001 2021-01-01 JEFF WARNOCK 2022-09-28
001 2020-01-01 JEFF WARNOCK 2021-09-29
001 2019-01-01 JEFF WARNOCK 2020-09-29
001 2018-01-01 THOMAS J. CLINES 2019-10-02
001 2017-01-01 THOMAS J. CLINES 2018-07-12
001 2016-01-01 THOMAS J. CLINES 2017-06-08
001 2015-01-01 THOMAS J. CLINES 2016-06-17
001 2014-01-01 THOMAS J. CLINES 2015-06-01
001 2013-01-01 THOMAS J. CLINES 2014-04-22
001 2012-01-01 THOMAS J. CLINES 2013-10-01
001 2011-01-01 THOMAS J. CLINES 2012-10-04
001 2010-01-01 THOMAS J. CLINES 2011-06-22

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	JEFF WARNOCK	2023-09-13
001	2021-01-01	JEFF WARNOCK	2022-09-28
001	2020-01-01	JEFF WARNOCK	2021-09-29
001	2019-01-01	JEFF WARNOCK	2020-09-29
001	2018-01-01	THOMAS J. CLINES	2019-10-02
001	2017-01-01	THOMAS J. CLINES	2018-07-12
001	2016-01-01	THOMAS J. CLINES	2017-06-08
001	2015-01-01	THOMAS J. CLINES	2016-06-17
001	2014-01-01	THOMAS J. CLINES	2015-06-01
001	2013-01-01	THOMAS J. CLINES	2014-04-22
001	2012-01-01	THOMAS J. CLINES	2013-10-01
001	2011-01-01	THOMAS J. CLINES	2012-10-04
001	2010-01-01	THOMAS J. CLINES	2011-06-22

Plan Statistics for POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN

401k plan membership statisitcs for POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN

Measure Date Value
2022: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 6,596,995
Acturial value of plan assets 2022-12-31 6,561,827
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 240,498
Number of terminated vested participants 2022-12-31 0
Fundng target for terminated vested participants 2022-12-31 0
Active participant vested funding target 2022-12-31 4,406,098
Number of active participants 2022-12-31 29
Total funding liabilities for active participants 2022-12-31 4,685,693
Total participant count 2022-12-31 31
Total funding target for all participants 2022-12-31 4,926,191
Balance at beginning of prior year after applicable adjustments 2022-12-31 91,239
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 381,100
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 91,239
Amount remaining of prefunding balance 2022-12-31 381,100
Present value of excess contributions 2022-12-31 1,104,704
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 1,167,120
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 92,900
Balance of prefunding at beginning of current year 2022-12-31 388,036
Total employer contributions 2022-12-31 1,258,000
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 1,191,310
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 390,410
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 1,191,310
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 5,882,946
Acturial value of plan assets 2021-12-31 5,481,625
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 251,710
Number of terminated vested participants 2021-12-31 0
Fundng target for terminated vested participants 2021-12-31 0
Active participant vested funding target 2021-12-31 4,108,851
Number of active participants 2021-12-31 33
Total funding liabilities for active participants 2021-12-31 4,353,066
Total participant count 2021-12-31 35
Total funding target for all participants 2021-12-31 4,604,776
Balance at beginning of prior year after applicable adjustments 2021-12-31 432,215
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 346,675
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 432,215
Amount remaining of prefunding balance 2021-12-31 346,675
Present value of excess contributions 2021-12-31 159,454
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 168,144
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 383,895
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 91,239
Balance of prefunding at beginning of current year 2021-12-31 381,100
Total employer contributions 2021-12-31 1,200,000
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 1,104,704
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 404,509
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 1,104,704
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 7,000,906
Acturial value of plan assets 2020-12-31 6,799,773
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 273,662
Number of terminated vested participants 2020-12-31 1
Fundng target for terminated vested participants 2020-12-31 1,838,666
Active participant vested funding target 2020-12-31 3,918,744
Number of active participants 2020-12-31 32
Total funding liabilities for active participants 2020-12-31 4,084,788
Total participant count 2020-12-31 35
Total funding target for all participants 2020-12-31 6,197,116
Balance at beginning of prior year after applicable adjustments 2020-12-31 384,841
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 308,677
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 384,841
Amount remaining of prefunding balance 2020-12-31 308,677
Present value of excess contributions 2020-12-31 231,004
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 243,825
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 432,215
Balance of prefunding at beginning of current year 2020-12-31 346,675
Total employer contributions 2020-12-31 612,492
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 576,109
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 416,655
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 416,655
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 416,655
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 576,109
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 6,131,787
Acturial value of plan assets 2019-12-31 6,388,895
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 283,673
Number of terminated vested participants 2019-12-31 1
Fundng target for terminated vested participants 2019-12-31 86,858
Active participant vested funding target 2019-12-31 4,622,586
Number of active participants 2019-12-31 29
Total funding liabilities for active participants 2019-12-31 4,730,822
Total participant count 2019-12-31 32
Total funding target for all participants 2019-12-31 5,101,353
Balance at beginning of prior year after applicable adjustments 2019-12-31 389,358
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 312,300
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 2019-12-31 389,358
Amount remaining of prefunding balance 2019-12-31 312,300
Present value of excess contributions 2019-12-31 1,421,978
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 1,503,600
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 2019-12-31 384,841
Balance of prefunding at beginning of current year 2019-12-31 308,677
Total employer contributions 2019-12-31 250,000
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 2019-12-31 231,004
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 2019-12-31 331,418
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
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 231,004
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 6,597,793
Acturial value of plan assets 2018-12-31 6,574,848
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 424,820
Number of terminated vested participants 2018-12-31 3
Fundng target for terminated vested participants 2018-12-31 2,017,025
Active participant vested funding target 2018-12-31 4,039,066
Number of active participants 2018-12-31 30
Total funding liabilities for active participants 2018-12-31 4,105,208
Total participant count 2018-12-31 35
Total funding target for all participants 2018-12-31 6,547,053
Balance at beginning of prior year after applicable adjustments 2018-12-31 365,354
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 293,047
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 2018-12-31 365,354
Amount remaining of prefunding balance 2018-12-31 293,047
Present value of excess contributions 2018-12-31 661,879
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 700,797
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 2018-12-31 389,358
Balance of prefunding at beginning of current year 2018-12-31 312,300
Total employer contributions 2018-12-31 1,725,000
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 1,628,186
Liquidity shortfalls end of Q1 2018-12-31 0
Liquidity shortfalls end of Q2 2018-12-31 0
Liquidity shortfalls end of Q3 2018-12-31 0
Liquidity shortfalls end of Q4 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 2018-12-31 206,208
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 2018-12-31 206,208
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 206,208
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 1,628,186
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 6,024,898
Acturial value of plan assets 2017-12-31 6,171,826
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 308,820
Number of terminated vested participants 2017-12-31 1
Fundng target for terminated vested participants 2017-12-31 5,509
Active participant vested funding target 2017-12-31 5,514,676
Number of active participants 2017-12-31 33
Total funding liabilities for active participants 2017-12-31 5,596,646
Total participant count 2017-12-31 35
Total funding target for all participants 2017-12-31 5,910,975
Balance at beginning of prior year after applicable adjustments 2017-12-31 345,162
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 276,851
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 2017-12-31 345,162
Amount remaining of prefunding balance 2017-12-31 276,851
Present value of excess contributions 2017-12-31 157,396
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 166,966
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 2017-12-31 365,354
Balance of prefunding at beginning of current year 2017-12-31 293,047
Total employer contributions 2017-12-31 900,000
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 2017-12-31 865,033
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
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 2017-12-31 203,154
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 2017-12-31 203,154
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 203,154
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 865,033
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 5,351,774
Acturial value of plan assets 2016-12-31 5,599,463
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 312,282
Number of terminated vested participants 2016-12-31 0
Fundng target for terminated vested participants 2016-12-31 0
Active participant vested funding target 2016-12-31 4,721,031
Number of active participants 2016-12-31 34
Total funding liabilities for active participants 2016-12-31 4,799,991
Total participant count 2016-12-31 35
Total funding target for all participants 2016-12-31 5,112,273
Balance at beginning of prior year after applicable adjustments 2016-12-31 352,602
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 282,818
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 2016-12-31 352,602
Amount remaining of prefunding balance 2016-12-31 282,818
Present value of excess contributions 2016-12-31 478,758
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 508,824
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 2016-12-31 345,162
Balance of prefunding at beginning of current year 2016-12-31 276,851
Total employer contributions 2016-12-31 400,000
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 2016-12-31 385,777
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 2016-12-31 228,381
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 228,381
Additional cash requirement 2016-12-31 228,381
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 385,777
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	6,596,995
Acturial value of plan assets	2022-12-31	6,561,827
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	240,498
Number of terminated vested participants	2022-12-31	0
Fundng target for terminated vested participants	2022-12-31	0
Active participant vested funding target	2022-12-31	4,406,098
Number of active participants	2022-12-31	29
Total funding liabilities for active participants	2022-12-31	4,685,693
Total participant count	2022-12-31	31
Total funding target for all participants	2022-12-31	4,926,191
Balance at beginning of prior year after applicable adjustments	2022-12-31	91,239
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	381,100
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	91,239
Amount remaining of prefunding balance	2022-12-31	381,100
Present value of excess contributions	2022-12-31	1,104,704
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	1,167,120
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	92,900
Balance of prefunding at beginning of current year	2022-12-31	388,036
Total employer contributions	2022-12-31	1,258,000
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	1,191,310
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	390,410
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	1,191,310
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	5,882,946
Acturial value of plan assets	2021-12-31	5,481,625
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	251,710
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	4,108,851
Number of active participants	2021-12-31	33
Total funding liabilities for active participants	2021-12-31	4,353,066
Total participant count	2021-12-31	35
Total funding target for all participants	2021-12-31	4,604,776
Balance at beginning of prior year after applicable adjustments	2021-12-31	432,215
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	346,675
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	432,215
Amount remaining of prefunding balance	2021-12-31	346,675
Present value of excess contributions	2021-12-31	159,454
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	168,144
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	383,895
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	91,239
Balance of prefunding at beginning of current year	2021-12-31	381,100
Total employer contributions	2021-12-31	1,200,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	1,104,704
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	404,509
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	1,104,704
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	7,000,906
Acturial value of plan assets	2020-12-31	6,799,773
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	273,662
Number of terminated vested participants	2020-12-31	1
Fundng target for terminated vested participants	2020-12-31	1,838,666
Active participant vested funding target	2020-12-31	3,918,744
Number of active participants	2020-12-31	32
Total funding liabilities for active participants	2020-12-31	4,084,788
Total participant count	2020-12-31	35
Total funding target for all participants	2020-12-31	6,197,116
Balance at beginning of prior year after applicable adjustments	2020-12-31	384,841
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	308,677
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	384,841
Amount remaining of prefunding balance	2020-12-31	308,677
Present value of excess contributions	2020-12-31	231,004
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	243,825
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	432,215
Balance of prefunding at beginning of current year	2020-12-31	346,675
Total employer contributions	2020-12-31	612,492
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	576,109
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	416,655
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	416,655
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	416,655
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	576,109
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	6,131,787
Acturial value of plan assets	2019-12-31	6,388,895
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	283,673
Number of terminated vested participants	2019-12-31	1
Fundng target for terminated vested participants	2019-12-31	86,858
Active participant vested funding target	2019-12-31	4,622,586
Number of active participants	2019-12-31	29
Total funding liabilities for active participants	2019-12-31	4,730,822
Total participant count	2019-12-31	32
Total funding target for all participants	2019-12-31	5,101,353
Balance at beginning of prior year after applicable adjustments	2019-12-31	389,358
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	312,300
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	389,358
Amount remaining of prefunding balance	2019-12-31	312,300
Present value of excess contributions	2019-12-31	1,421,978
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	1,503,600
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	384,841
Balance of prefunding at beginning of current year	2019-12-31	308,677
Total employer contributions	2019-12-31	250,000
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	231,004
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	331,418
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
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	231,004
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	6,597,793
Acturial value of plan assets	2018-12-31	6,574,848
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	424,820
Number of terminated vested participants	2018-12-31	3
Fundng target for terminated vested participants	2018-12-31	2,017,025
Active participant vested funding target	2018-12-31	4,039,066
Number of active participants	2018-12-31	30
Total funding liabilities for active participants	2018-12-31	4,105,208
Total participant count	2018-12-31	35
Total funding target for all participants	2018-12-31	6,547,053
Balance at beginning of prior year after applicable adjustments	2018-12-31	365,354
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	293,047
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	365,354
Amount remaining of prefunding balance	2018-12-31	293,047
Present value of excess contributions	2018-12-31	661,879
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	700,797
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	389,358
Balance of prefunding at beginning of current year	2018-12-31	312,300
Total employer contributions	2018-12-31	1,725,000
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	1,628,186
Liquidity shortfalls end of Q1	2018-12-31	0
Liquidity shortfalls end of Q2	2018-12-31	0
Liquidity shortfalls end of Q3	2018-12-31	0
Liquidity shortfalls end of Q4	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	206,208
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	206,208
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	206,208
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	1,628,186
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	6,024,898
Acturial value of plan assets	2017-12-31	6,171,826
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	308,820
Number of terminated vested participants	2017-12-31	1
Fundng target for terminated vested participants	2017-12-31	5,509
Active participant vested funding target	2017-12-31	5,514,676
Number of active participants	2017-12-31	33
Total funding liabilities for active participants	2017-12-31	5,596,646
Total participant count	2017-12-31	35
Total funding target for all participants	2017-12-31	5,910,975
Balance at beginning of prior year after applicable adjustments	2017-12-31	345,162
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	276,851
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	345,162
Amount remaining of prefunding balance	2017-12-31	276,851
Present value of excess contributions	2017-12-31	157,396
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	166,966
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	365,354
Balance of prefunding at beginning of current year	2017-12-31	293,047
Total employer contributions	2017-12-31	900,000
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	865,033
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
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	203,154
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	203,154
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	203,154
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	865,033
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: POLICE AND FIREMEN'S INSURANCE ASSOCIATION DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	5,351,774
Acturial value of plan assets	2016-12-31	5,599,463
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	312,282
Number of terminated vested participants	2016-12-31	0
Fundng target for terminated vested participants	2016-12-31	0
Active participant vested funding target	2016-12-31	4,721,031
Number of active participants	2016-12-31	34
Total funding liabilities for active participants	2016-12-31	4,799,991
Total participant count	2016-12-31	35
Total funding target for all participants	2016-12-31	5,112,273
Balance at beginning of prior year after applicable adjustments	2016-12-31	352,602
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	282,818
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	352,602
Amount remaining of prefunding balance	2016-12-31	282,818
Present value of excess contributions	2016-12-31	478,758
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	508,824
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	345,162
Balance of prefunding at beginning of current year	2016-12-31	276,851
Total employer contributions	2016-12-31	400,000
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	385,777
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	228,381
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	228,381
Additional cash requirement	2016-12-31	228,381
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	385,777
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	POLICE & FIREMEN'S INSURANCE ASSOCIATION
Employer identification number (EIN):	350586820
NAIC Classification:	524150