401k Plan data: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU plan

RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 401k Plan overview

Plan Name	RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU
Plan identification number	001

RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 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). 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).

401k Sponsoring company profile

LOCAL 241 AMALGAMATED TRANSIT UNION has sponsored the creation of one or more 401k plans.

Company Name: LOCAL 241 AMALGAMATED TRANSIT UNION

Employer identification number (EIN): 360721800

NAIC Classification: 485110
NAIC Description: Urban Transit Systems

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 KEITH HILL 2023-10-16 KEITH HILL 2023-10-16
001 2021-01-01 KEITH HILL 2022-10-12 KEITH HILL 2022-10-12
001 2020-01-01 KEITH HILL 2021-10-13
001 2019-01-01 KEITH HILL 2020-10-12
001 2018-01-01 KEITH HILL 2019-10-14 KEITH HILL 2019-10-14
001 2017-01-01 KEITH HILL 2018-10-10
001 2016-01-01 KEITH HILL 2017-10-02
001 2015-01-01 TOMMY SAMS JR. 2016-10-13
001 2014-01-01 TOMMY SAMS JR. 2015-10-14
001 2013-01-01 JAVIER PEREZ JR 2014-10-15 JAVIER PEREZ JR 2014-10-15
001 2012-01-01 JAVIER PEREZ JR 2013-10-15
001 2011-01-01 MARCELLUS BARNES 2012-10-16
001 2010-01-01 JAVIER PEREZ JR 2011-10-17

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	KEITH HILL	2023-10-16	KEITH HILL	2023-10-16
001	2021-01-01	KEITH HILL	2022-10-12	KEITH HILL	2022-10-12
001	2020-01-01	KEITH HILL	2021-10-13
001	2019-01-01	KEITH HILL	2020-10-12
001	2018-01-01	KEITH HILL	2019-10-14	KEITH HILL	2019-10-14
001	2017-01-01	KEITH HILL	2018-10-10
001	2016-01-01	KEITH HILL	2017-10-02
001	2015-01-01	TOMMY SAMS JR.	2016-10-13
001	2014-01-01	TOMMY SAMS JR.	2015-10-14
001	2013-01-01	JAVIER PEREZ JR	2014-10-15	JAVIER PEREZ JR	2014-10-15
001	2012-01-01	JAVIER PEREZ JR	2013-10-15
001	2011-01-01	MARCELLUS BARNES	2012-10-16
001	2010-01-01	JAVIER PEREZ JR	2011-10-17

Plan Statistics for RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU

401k plan membership statisitcs for RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU

Measure Date Value
2022: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2022 401k membership
Market value of plan assets 2022-12-31 6,952,857
Acturial value of plan assets 2022-12-31 6,369,632
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 5,276,131
Number of terminated vested participants 2022-12-31 3
Fundng target for terminated vested participants 2022-12-31 17,318
Active participant vested funding target 2022-12-31 0
Number of active participants 2022-12-31 0
Total funding liabilities for active participants 2022-12-31 0
Total participant count 2022-12-31 56
Total funding target for all participants 2022-12-31 5,293,449
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 0
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 0
Amount remaining of prefunding balance 2022-12-31 0
Present value of excess contributions 2022-12-31 30,817
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 32,478
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 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 0
Balance of prefunding at beginning of current year 2022-12-31 0
Total employer contributions 2022-12-31 0
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 0
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 75,000
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
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2021 401k membership
Market value of plan assets 2021-12-31 6,545,441
Acturial value of plan assets 2021-12-31 5,906,034
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 5,557,767
Number of terminated vested participants 2021-12-31 3
Fundng target for terminated vested participants 2021-12-31 16,545
Active participant vested funding target 2021-12-31 0
Number of active participants 2021-12-31 0
Total funding liabilities for active participants 2021-12-31 0
Total participant count 2021-12-31 62
Total funding target for all participants 2021-12-31 5,574,312
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 0
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 0
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 31,406
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 33,020
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 0
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 0
Balance of prefunding at beginning of current year 2021-12-31 0
Total employer contributions 2021-12-31 30,835
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 30,817
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 75,000
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
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 30,817
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2020 401k membership
Market value of plan assets 2020-12-31 6,177,343
Acturial value of plan assets 2020-12-31 5,821,490
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 5,788,567
Number of terminated vested participants 2020-12-31 3
Fundng target for terminated vested participants 2020-12-31 16,666
Active participant vested funding target 2020-12-31 0
Number of active participants 2020-12-31 0
Total funding liabilities for active participants 2020-12-31 0
Total participant count 2020-12-31 62
Total funding target for all participants 2020-12-31 5,805,233
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 0
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 0
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 69
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 73
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 0
Balance of prefunding at beginning of current year 2020-12-31 0
Total employer contributions 2020-12-31 92,505
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 90,149
Liquidity shortfalls end of Q1 2020-12-31 0
Liquidity shortfalls end of Q2 2020-12-31 0
Liquidity shortfalls end of Q3 2020-12-31 0
Liquidity shortfalls end of Q4 2020-12-31 0
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 75,000
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 58,743
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 58,743
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 90,149
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2019 401k membership
Market value of plan assets 2019-12-31 5,571,075
Acturial value of plan assets 2019-12-31 5,807,488
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 6,064,787
Number of terminated vested participants 2019-12-31 3
Fundng target for terminated vested participants 2019-12-31 15,408
Active participant vested funding target 2019-12-31 0
Number of active participants 2019-12-31 0
Total funding liabilities for active participants 2019-12-31 0
Total participant count 2019-12-31 64
Total funding target for all participants 2019-12-31 6,080,195
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 569
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 600
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 0
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 129,221
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 2019-12-31 123,407
Liquidity shortfalls end of Q1 2019-12-31 0
Liquidity shortfalls end of Q2 2019-12-31 0
Liquidity shortfalls end of Q3 2019-12-31 0
Liquidity shortfalls end of Q4 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 75,000
Net shortfall amortization installment of oustanding balance 2019-12-31 272,707
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 123,338
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 2019-12-31 123,338
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 123,407
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2018 401k membership
Market value of plan assets 2018-12-31 6,305,998
Acturial value of plan assets 2018-12-31 5,998,628
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 6,099,069
Number of terminated vested participants 2018-12-31 3
Fundng target for terminated vested participants 2018-12-31 14,024
Active participant vested funding target 2018-12-31 0
Number of active participants 2018-12-31 0
Total funding liabilities for active participants 2018-12-31 0
Total participant count 2018-12-31 64
Total funding target for all participants 2018-12-31 6,113,093
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 440
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 465
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 100,725
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 95,789
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 75,000
Net shortfall amortization installment of oustanding balance 2018-12-31 114,465
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 95,220
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 95,220
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 95,789
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2017 401k membership
Market value of plan assets 2017-12-31 6,107,294
Acturial value of plan assets 2017-12-31 6,202,137
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 6,268,362
Number of terminated vested participants 2017-12-31 3
Fundng target for terminated vested participants 2017-12-31 12,743
Active participant vested funding target 2017-12-31 0
Number of active participants 2017-12-31 0
Total funding liabilities for active participants 2017-12-31 0
Total participant count 2017-12-31 66
Total funding target for all participants 2017-12-31 6,281,105
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 45,411
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 48,081
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 96,635
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 88,407
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 75,000
Net shortfall amortization installment of oustanding balance 2017-12-31 78,968
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 87,967
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 87,967
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 88,407
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2016 401k membership
Market value of plan assets 2016-12-31 6,256,613
Acturial value of plan assets 2016-12-31 6,454,482
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 6,370,063
Number of terminated vested participants 2016-12-31 3
Fundng target for terminated vested participants 2016-12-31 11,787
Active participant vested funding target 2016-12-31 0
Number of active participants 2016-12-31 0
Total funding liabilities for active participants 2016-12-31 0
Total participant count 2016-12-31 68
Total funding target for all participants 2016-12-31 6,381,850
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 38
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 40
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 75,000
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 72,779
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 2016-12-31 100,000
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 27,368
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 27,368
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 72,779
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: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2022 401k membership
Market value of plan assets	2022-12-31	6,952,857
Acturial value of plan assets	2022-12-31	6,369,632
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	5,276,131
Number of terminated vested participants	2022-12-31	3
Fundng target for terminated vested participants	2022-12-31	17,318
Active participant vested funding target	2022-12-31	0
Number of active participants	2022-12-31	0
Total funding liabilities for active participants	2022-12-31	0
Total participant count	2022-12-31	56
Total funding target for all participants	2022-12-31	5,293,449
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	0
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	0
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	30,817
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	32,478
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	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	0
Balance of prefunding at beginning of current year	2022-12-31	0
Total employer contributions	2022-12-31	0
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	0
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	75,000
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
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2021 401k membership
Market value of plan assets	2021-12-31	6,545,441
Acturial value of plan assets	2021-12-31	5,906,034
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	5,557,767
Number of terminated vested participants	2021-12-31	3
Fundng target for terminated vested participants	2021-12-31	16,545
Active participant vested funding target	2021-12-31	0
Number of active participants	2021-12-31	0
Total funding liabilities for active participants	2021-12-31	0
Total participant count	2021-12-31	62
Total funding target for all participants	2021-12-31	5,574,312
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
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	0
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	31,406
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	33,020
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	0
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	0
Balance of prefunding at beginning of current year	2021-12-31	0
Total employer contributions	2021-12-31	30,835
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	30,817
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	75,000
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
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	30,817
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2020 401k membership
Market value of plan assets	2020-12-31	6,177,343
Acturial value of plan assets	2020-12-31	5,821,490
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	5,788,567
Number of terminated vested participants	2020-12-31	3
Fundng target for terminated vested participants	2020-12-31	16,666
Active participant vested funding target	2020-12-31	0
Number of active participants	2020-12-31	0
Total funding liabilities for active participants	2020-12-31	0
Total participant count	2020-12-31	62
Total funding target for all participants	2020-12-31	5,805,233
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
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	0
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	69
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	73
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	0
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	92,505
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	90,149
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	2020-12-31	0
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	75,000
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	58,743
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	58,743
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	90,149
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2019 401k membership
Market value of plan assets	2019-12-31	5,571,075
Acturial value of plan assets	2019-12-31	5,807,488
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	6,064,787
Number of terminated vested participants	2019-12-31	3
Fundng target for terminated vested participants	2019-12-31	15,408
Active participant vested funding target	2019-12-31	0
Number of active participants	2019-12-31	0
Total funding liabilities for active participants	2019-12-31	0
Total participant count	2019-12-31	64
Total funding target for all participants	2019-12-31	6,080,195
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	569
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	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	0
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	129,221
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	123,407
Liquidity shortfalls end of Q1	2019-12-31	0
Liquidity shortfalls end of Q2	2019-12-31	0
Liquidity shortfalls end of Q3	2019-12-31	0
Liquidity shortfalls end of Q4	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	75,000
Net shortfall amortization installment of oustanding balance	2019-12-31	272,707
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	123,338
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	123,338
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	123,407
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2018 401k membership
Market value of plan assets	2018-12-31	6,305,998
Acturial value of plan assets	2018-12-31	5,998,628
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	6,099,069
Number of terminated vested participants	2018-12-31	3
Fundng target for terminated vested participants	2018-12-31	14,024
Active participant vested funding target	2018-12-31	0
Number of active participants	2018-12-31	0
Total funding liabilities for active participants	2018-12-31	0
Total participant count	2018-12-31	64
Total funding target for all participants	2018-12-31	6,113,093
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	440
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	465
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	100,725
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	95,789
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	75,000
Net shortfall amortization installment of oustanding balance	2018-12-31	114,465
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	95,220
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	95,220
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	95,789
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2017 401k membership
Market value of plan assets	2017-12-31	6,107,294
Acturial value of plan assets	2017-12-31	6,202,137
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	6,268,362
Number of terminated vested participants	2017-12-31	3
Fundng target for terminated vested participants	2017-12-31	12,743
Active participant vested funding target	2017-12-31	0
Number of active participants	2017-12-31	0
Total funding liabilities for active participants	2017-12-31	0
Total participant count	2017-12-31	66
Total funding target for all participants	2017-12-31	6,281,105
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	45,411
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	48,081
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	96,635
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	88,407
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	75,000
Net shortfall amortization installment of oustanding balance	2017-12-31	78,968
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	87,967
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	87,967
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	88,407
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR OFFICERS AND EMPLOYEES OF THE LOCAL UNION 241, ATU 2016 401k membership
Market value of plan assets	2016-12-31	6,256,613
Acturial value of plan assets	2016-12-31	6,454,482
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	6,370,063
Number of terminated vested participants	2016-12-31	3
Fundng target for terminated vested participants	2016-12-31	11,787
Active participant vested funding target	2016-12-31	0
Number of active participants	2016-12-31	0
Total funding liabilities for active participants	2016-12-31	0
Total participant count	2016-12-31	68
Total funding target for all participants	2016-12-31	6,381,850
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	38
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	40
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	75,000
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	72,779
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	100,000
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	27,368
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	27,368
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	72,779
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:	LOCAL 241 AMALGAMATED TRANSIT UNION
Employer identification number (EIN):	360721800
NAIC Classification:	485110
NAIC Description:	Urban Transit Systems