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JOHNSON & BELL, LTD. CASH BALANCE PENSION PLAN 401k Plan overview

Plan NameJOHNSON & BELL, LTD. CASH BALANCE PENSION PLAN
Plan identification number 002

JOHNSON & BELL, LTD. CASH BALANCE PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

JOHNSON & BELL, LTD. has sponsored the creation of one or more 401k plans.

Company Name:JOHNSON & BELL, LTD.
Employer identification number (EIN):362837644
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JOHNSON & BELL, LTD. CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-01-01LAURA JOHNSON2022-03-24
0022020-01-01WILLIAM JOHNSON2021-10-08
0022019-01-01WILLIAM JOHNSON2020-07-23
0022018-01-01WILLIAM JOHNSON2019-07-19
0022017-01-01WILLIAM JOHNSON2018-07-13
0022016-01-01WILLIAM V. JOHNSON2017-07-14
0022015-01-01WILLIAM V. JOHNSON2016-09-30
0022014-01-01WILLIAM V. JOHNSON2015-10-06
0022013-01-01WILLIAM V. JOHNSON2014-07-09

Financial Data on JOHNSON & BELL, LTD. CASH BALANCE PENSION PLAN

Measure Date Value
2022 : JOHNSON & BELL, LTD. CASH BALANCE PENSION PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-03-240
Total liabilities as of the end of the plan year2022-03-240
Total liabilities as of the beginning of the plan year2022-03-240
Total expenses incurred by plan in this plan year2022-03-244201023
Net assets as of the end of the plan year2022-03-240
Total assets as of the beginning of the plan year2022-03-243776603
Value of plan covered by a fidelity bond2022-03-24500000
Participant contributions to plan in this plan year2022-03-240
Other expenses paid from plan in this plan year2022-03-240
Other contributions to plan in this plan year2022-03-240
Other income to plan in this plan year2022-03-24127513
Plan net income in this plan year2022-03-24-3776603
Net assets as of the end of the plan year2022-03-240
Net assets as of the beginning of the plan year2022-03-243776603
Employer contributions to plan in this plan year2022-03-24296907
Expensese paid to adminstrative service provicers from plan in this plan year2022-03-2440949

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