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Plan Name | EAST CENTRAL/SELECT SIRES COOPERATIVE RETIREMENT PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
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Company Name: | CENTRALSTAR COOPERATIVE, INC. |
Employer identification number (EIN): | 381310805 |
NAIC Classification: | 424910 |
NAIC Description: | Farm Supplies Merchant Wholesalers |
Additional information about CENTRALSTAR COOPERATIVE, INC.
Jurisdiction of Incorporation: | Michigan Secretary of State |
Incorporation Date: | 0000-00-00 |
Company Identification Number: | 01205A |
Legal Registered Office Address: |
4200 FOREST RD BUILDING 1 LANSING United States of America (USA) 48910 |
More information about CENTRALSTAR COOPERATIVE, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2021-09-01 | TROY RAMAKER | 2023-06-05 | TROY RAMAKER | 2023-06-05 |
001 | 2020-09-01 | CHAD RENSI | 2022-06-14 | CHAD RENSI | 2022-06-14 |
Measure | Date | Value |
---|---|---|
2022: EAST CENTRAL/SELECT SIRES COOPERATIVE RETIREMENT PLAN 2022 401k membership | ||
Market value of plan assets | 2022-08-31 | 13,583,525 |
Acturial value of plan assets | 2022-08-31 | 12,450,816 |
Funding target for retired participants and beneficiaries receiving payment | 2022-08-31 | 6,343,115 |
Number of terminated vested participants | 2022-08-31 | 33 |
Fundng target for terminated vested participants | 2022-08-31 | 1,826,294 |
Active participant vested funding target | 2022-08-31 | 2,686,211 |
Number of active participants | 2022-08-31 | 34 |
Total funding liabilities for active participants | 2022-08-31 | 2,691,867 |
Total participant count | 2022-08-31 | 123 |
Total funding target for all participants | 2022-08-31 | 10,861,276 |
Balance at beginning of prior year after applicable adjustments | 2022-08-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-08-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-08-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-08-31 | 0 |
Amount remaining of carryover balance | 2022-08-31 | 0 |
Amount remaining of prefunding balance | 2022-08-31 | 0 |
Present value of excess contributions | 2022-08-31 | 943,369 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-08-31 | 997,424 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-08-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-08-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-08-31 | 0 |
Balance of carryovers at beginning of current year | 2022-08-31 | 0 |
Balance of prefunding at beginning of current year | 2022-08-31 | 0 |
Total employer contributions | 2022-08-31 | 1,000,000 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-08-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-08-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-08-31 | 943,704 |
Unpaid minimum required contributions for all prior years | 2022-08-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-08-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-08-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-08-31 | 50,479 |
Net shortfall amortization installment of oustanding balance | 2022-08-31 | 0 |
Waiver amortization installment | 2022-08-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-08-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2022-08-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-08-31 | 0 |
Additional cash requirement | 2022-08-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-08-31 | 943,704 |
Unpaid minimum required contributions for current year | 2022-08-31 | 0 |
Unpaid minimum required contributions for all years | 2022-08-31 | 0 |
2021: EAST CENTRAL/SELECT SIRES COOPERATIVE RETIREMENT PLAN 2021 401k membership | ||
Market value of plan assets | 2021-08-31 | 11,111,477 |
Acturial value of plan assets | 2021-08-31 | 10,880,687 |
Funding target for retired participants and beneficiaries receiving payment | 2021-08-31 | 5,470,377 |
Number of terminated vested participants | 2021-08-31 | 36 |
Fundng target for terminated vested participants | 2021-08-31 | 1,873,617 |
Active participant vested funding target | 2021-08-31 | 3,177,360 |
Number of active participants | 2021-08-31 | 37 |
Total funding liabilities for active participants | 2021-08-31 | 3,183,463 |
Total participant count | 2021-08-31 | 122 |
Total funding target for all participants | 2021-08-31 | 10,527,457 |
Balance at beginning of prior year after applicable adjustments | 2021-08-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-08-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-08-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-08-31 | 0 |
Amount remaining of carryover balance | 2021-08-31 | 0 |
Amount remaining of prefunding balance | 2021-08-31 | 0 |
Present value of excess contributions | 2021-08-31 | 44,120 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-08-31 | 46,569 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-08-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-08-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-08-31 | 0 |
Balance of carryovers at beginning of current year | 2021-08-31 | 0 |
Balance of prefunding at beginning of current year | 2021-08-31 | 0 |
Total employer contributions | 2021-08-31 | 1,002,454 |
Total employee contributions | 2021-08-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-08-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-08-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-08-31 | 943,369 |
Liquidity shortfalls end of Q1 | 2021-08-31 | 0 |
Liquidity shortfalls end of Q2 | 2021-08-31 | 0 |
Liquidity shortfalls end of Q3 | 2021-08-31 | 0 |
Liquidity shortfalls end of Q4 | 2021-08-31 | 0 |
Unpaid minimum required contributions for all prior years | 2021-08-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-08-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-08-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-08-31 | 31,000 |
Net shortfall amortization installment of oustanding balance | 2021-08-31 | 0 |
Waiver amortization installment | 2021-08-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-08-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2021-08-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-08-31 | 0 |
Additional cash requirement | 2021-08-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-08-31 | 943,369 |
Unpaid minimum required contributions for current year | 2021-08-31 | 0 |
Unpaid minimum required contributions for all years | 2021-08-31 | 0 |