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ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 401k Plan overview

Plan NameROBERT L. SALDUTTI, LLC CASH BALANCE PLAN
Plan identification number 002

ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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).
  • 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).
  • Plan covering Self-Employed individuals.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

ROBERT L. SALDUTTI, LLC has sponsored the creation of one or more 401k plans.

Company Name:ROBERT L. SALDUTTI, LLC
Employer identification number (EIN):450529569
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01CAROL ATKISSON2024-07-03
0022022-01-01CAROL ATKISSON2023-08-31
0022021-01-01CAROL ATKISSON2022-08-08
0022020-01-01CAROL ATKISSON2021-08-18
0022019-01-01
0022018-01-01CAROL ATKISSON2019-05-22
0022017-01-01CAROL ATKISSON2018-05-24
0022016-01-01CAROL ATKISSON2017-06-05

Plan Statistics for ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN

401k plan membership statisitcs for ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN

Measure Date Value
2025: ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-232
Total number of particpants at end of year2025-10-230
Total number of particpants at beginning of year2025-06-2419
Total number of particpants at end of year2025-06-242
2024: ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-0318
Total number of particpants at end of year2024-07-0319
2022: ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2022 401k membership
Market value of plan assets2022-12-311,005,185
Acturial value of plan assets2022-12-311,005,185
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-311
Fundng target for terminated vested participants2022-12-311,751
Active participant vested funding target2022-12-311,051,628
Number of active participants2022-12-3117
Total funding liabilities for active participants2022-12-311,052,598
Total participant count2022-12-3118
Total funding target for all participants2022-12-311,054,349
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-31161,262
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31161,262
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-31231,840
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-31224,515
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31187,534
Net shortfall amortization installment of oustanding balance2022-12-3149,164
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-31192,077
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-31192,077
Contributions allocatedtoward minimum required contributions for current year2022-12-31224,515
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total number of particpants at beginning of year2022-08-1124
Total number of particpants at end of year2022-08-1119
2021: ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2021 401k membership
Market value of plan assets2021-12-311,032,429
Acturial value of plan assets2021-12-311,032,429
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-315
Fundng target for terminated vested participants2021-12-3112,079
Active participant vested funding target2021-12-31830,857
Number of active participants2021-12-3115
Total funding liabilities for active participants2021-12-31830,857
Total participant count2021-12-3120
Total funding target for all participants2021-12-31842,936
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-3182,741
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3182,741
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-31163,773
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-31161,262
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31169,342
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-31161,262
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2020 401k membership
Market value of plan assets2020-12-31870,469
Acturial value of plan assets2020-12-31870,469
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-311
Fundng target for terminated vested participants2020-12-311,041
Active participant vested funding target2020-12-31624,568
Number of active participants2020-12-3119
Total funding liabilities for active participants2020-12-31625,105
Total participant count2020-12-3120
Total funding target for all participants2020-12-31626,146
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-31237,339
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31237,339
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-3184,391
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-3182,741
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31152,106
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-3182,741
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-311,074,105
Acturial value of plan assets2019-12-311,074,105
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-31881,121
Number of active participants2019-12-3124
Total funding liabilities for active participants2019-12-31882,142
Total participant count2019-12-3124
Total funding target for all participants2019-12-31882,142
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-31145,758
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31145,758
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-31328,313
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31320,234
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31274,858
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3182,895
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-3182,895
Contributions allocatedtoward minimum required contributions for current year2019-12-31320,234
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-31614,762
Acturial value of plan assets2018-12-31614,762
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-31563,141
Number of active participants2018-12-3121
Total funding liabilities for active participants2018-12-31566,564
Total participant count2018-12-3121
Total funding target for all participants2018-12-31566,564
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-31117,938
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31117,938
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-31340,143
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31335,129
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31237,569
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31189,371
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31189,371
Contributions allocatedtoward minimum required contributions for current year2018-12-31335,129
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-31283,570
Acturial value of plan assets2017-12-31283,570
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-31856
Number of active participants2017-12-3120
Total funding liabilities for active participants2017-12-31222,757
Total participant count2017-12-3120
Total funding target for all participants2017-12-31222,757
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-3154,720
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3154,720
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31366,364
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31363,839
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31306,714
Net shortfall amortization installment of oustanding balance2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31245,901
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31245,901
Contributions allocatedtoward minimum required contributions for current year2017-12-31363,839
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-310
Acturial value of plan assets2016-12-310
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-310
Number of active participants2016-12-3117
Total funding liabilities for active participants2016-12-310
Total participant count2016-12-3117
Total funding target for all participants2016-12-310
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31267,644
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31263,342
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31208,622
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31208,622
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31208,622
Contributions allocatedtoward minimum required contributions for current year2016-12-31263,342
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

Financial Data on ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN

Measure Date Value
2025 : ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-230
Total liabilities as of the end of the plan year2025-10-230
Total liabilities as of the beginning of the plan year2025-10-230
Total expenses incurred by plan in this plan year2025-10-2366976
Net assets as of the end of the plan year2025-10-230
Total assets as of the beginning of the plan year2025-10-2366553
Value of plan covered by a fidelity bond2025-10-23500000
Participant contributions to plan in this plan year2025-10-230
Other expenses paid from plan in this plan year2025-10-2312
Other contributions to plan in this plan year2025-10-230
Other income to plan in this plan year2025-10-23423
Plan net income in this plan year2025-10-23-66553
Net assets as of the end of the plan year2025-10-230
Net assets as of the beginning of the plan year2025-10-2366553
Employer contributions to plan in this plan year2025-10-230
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-230
Total transfers to/from plan in this plan year2025-06-240
Total liabilities as of the end of the plan year2025-06-240
Total liabilities as of the beginning of the plan year2025-06-240
Total expenses incurred by plan in this plan year2025-06-241520731
Net assets as of the end of the plan year2025-06-2466553
Total assets as of the beginning of the plan year2025-06-241473131
Value of plan covered by a fidelity bond2025-06-24500000
Participant contributions to plan in this plan year2025-06-240
Other expenses paid from plan in this plan year2025-06-2410772
Other contributions to plan in this plan year2025-06-240
Other income to plan in this plan year2025-06-24114153
Plan net income in this plan year2025-06-24-1406578
Net assets as of the end of the plan year2025-06-2466553
Net assets as of the beginning of the plan year2025-06-241473131
Employer contributions to plan in this plan year2025-06-240
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-240
2024 : ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-030
Total liabilities as of the end of the plan year2024-07-030
Total liabilities as of the beginning of the plan year2024-07-030
Total expenses incurred by plan in this plan year2024-07-037560
Net assets as of the end of the plan year2024-07-031473131
Total assets as of the beginning of the plan year2024-07-031237025
Value of plan covered by a fidelity bond2024-07-03500000
Participant contributions to plan in this plan year2024-07-030
Other expenses paid from plan in this plan year2024-07-037560
Other contributions to plan in this plan year2024-07-030
Other income to plan in this plan year2024-07-03135906
Plan net income in this plan year2024-07-03236106
Net assets as of the end of the plan year2024-07-031473131
Net assets as of the beginning of the plan year2024-07-031237025
Employer contributions to plan in this plan year2024-07-03107760
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-030
2022 : ROBERT L. SALDUTTI, LLC CASH BALANCE PLAN 2022 401k financial data
Total liabilities as of the end of the plan year2022-08-110
Total liabilities as of the beginning of the plan year2022-08-110
Total expenses incurred by plan in this plan year2022-08-119437
Net assets as of the end of the plan year2022-08-111196202
Total assets as of the beginning of the plan year2022-08-11954860
Value of plan covered by a fidelity bond2022-08-11290000
Other expenses paid from plan in this plan year2022-08-119437
Other income to plan in this plan year2022-08-1187006
Plan net income in this plan year2022-08-11241342
Net assets as of the end of the plan year2022-08-111196202
Net assets as of the beginning of the plan year2022-08-11954860
Employer contributions to plan in this plan year2022-08-11163773

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