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PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP. 401k Plan overview

Plan NamePENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP.
Plan identification number 003

PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP. Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PINTO VALLEY MINING CORP. has sponsored the creation of one or more 401k plans.

Company Name:PINTO VALLEY MINING CORP.
Employer identification number (EIN):462885758
NAIC Classification:212200
NAIC Description: Metal Ore Mining

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01WENDY KING2023-10-12
0032021-01-01WENDY KING2022-10-14
0032020-01-01WENDY KING2021-10-14
0032019-01-01WENDY KING2020-10-08
0032018-01-01WENDY KING2019-10-15
0032017-01-01GILLIAN MCCOMBIE2018-10-15
0032016-01-01GILLIAN MCCOMBIE2017-09-20
0032016-01-01GILLIAN MCCOMBIE2017-08-18
0032015-01-01GILLIAN MCCOMBIE2016-07-21
0032014-01-01GILLIAN MCCOMBIE2015-10-08
0032013-10-11GILLIAN MCCOMBIE2014-07-29

Plan Statistics for PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP.

401k plan membership statisitcs for PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP.

Measure Date Value
2022: PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP. 2022 401k membership
Market value of plan assets2022-12-311,966,955
Acturial value of plan assets2022-12-311,841,619
Funding target for retired participants and beneficiaries receiving payment2022-12-31707,207
Number of terminated vested participants2022-12-312
Fundng target for terminated vested participants2022-12-3119,131
Active participant vested funding target2022-12-31414,744
Number of active participants2022-12-3114
Total funding liabilities for active participants2022-12-31515,587
Total participant count2022-12-3139
Total funding target for all participants2022-12-311,241,925
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 contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
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 contributions2022-12-310
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 date2022-12-310
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 cost2022-12-310
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP. 2021 401k membership
Market value of plan assets2021-12-311,820,770
Acturial value of plan assets2021-12-311,660,357
Funding target for retired participants and beneficiaries receiving payment2021-12-31585,836
Number of terminated vested participants2021-12-312
Fundng target for terminated vested participants2021-12-3117,157
Active participant vested funding target2021-12-31531,368
Number of active participants2021-12-3118
Total funding liabilities for active participants2021-12-31612,708
Total participant count2021-12-3139
Total funding target for all participants2021-12-311,215,701
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 contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
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 contributions2021-12-310
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 date2021-12-310
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 cost2021-12-310
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 year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP. 2020 401k membership
Market value of plan assets2020-12-311,642,366
Acturial value of plan assets2020-12-311,560,616
Funding target for retired participants and beneficiaries receiving payment2020-12-31500,026
Number of terminated vested participants2020-12-312
Fundng target for terminated vested participants2020-12-3116,715
Active participant vested funding target2020-12-31687,232
Number of active participants2020-12-3121
Total funding liabilities for active participants2020-12-31796,475
Total participant count2020-12-3139
Total funding target for all participants2020-12-311,313,216
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 contributions2020-12-310
Total available prior years excess cotributions available 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 contributions2020-12-310
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 date2020-12-310
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 cost2020-12-310
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 year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP. 2019 401k membership
Market value of plan assets2019-12-311,413,278
Acturial value of plan assets2019-12-311,482,665
Funding target for retired participants and beneficiaries receiving payment2019-12-31314,337
Number of terminated vested participants2019-12-312
Fundng target for terminated vested participants2019-12-3115,093
Active participant vested funding target2019-12-31840,586
Number of active participants2019-12-3128
Total funding liabilities for active participants2019-12-31944,333
Total participant count2019-12-3139
Total funding target for all participants2019-12-311,273,763
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 contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
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 contributions2019-12-310
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 date2019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
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 cost2019-12-310
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP. 2018 401k membership
Market value of plan assets2018-12-311,494,244
Acturial value of plan assets2018-12-311,428,272
Funding target for retired participants and beneficiaries receiving payment2018-12-3143,269
Number of terminated vested participants2018-12-312
Fundng target for terminated vested participants2018-12-3128,219
Active participant vested funding target2018-12-31832,545
Number of active participants2018-12-3134
Total funding liabilities for active participants2018-12-31989,662
Total participant count2018-12-3139
Total funding target for all participants2018-12-311,061,150
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 contributions2018-12-31289,833
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31306,846
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
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 contributions2018-12-310
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 date2018-12-310
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 cost2018-12-31159,489
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP. 2017 401k membership
Market value of plan assets2017-12-31902,817
Acturial value of plan assets2017-12-31917,774
Funding target for retired participants and beneficiaries receiving payment2017-12-3121,991
Number of terminated vested participants2017-12-311
Fundng target for terminated vested participants2017-12-313,553
Active participant vested funding target2017-12-31718,588
Number of active participants2017-12-3136
Total funding liabilities for active participants2017-12-31856,244
Total participant count2017-12-3139
Total funding target for all participants2017-12-31881,788
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 contributions2017-12-3152,739
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3155,935
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
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 contributions2017-12-31445,000
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 date2017-12-31412,959
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 cost2017-12-31159,112
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31123,126
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31123,126
Contributions allocatedtoward minimum required contributions for current year2017-12-31412,959
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: PENSION PLAN FOR HOURLY EMPLOYESS OF PINTO VALLEY MINING CORP. 2016 401k membership
Market value of plan assets2016-12-31688,170
Acturial value of plan assets2016-12-31714,637
Funding target for retired participants and beneficiaries receiving payment2016-12-3121,866
Number of terminated vested participants2016-12-313
Fundng target for terminated vested participants2016-12-318,276
Active participant vested funding target2016-12-31481,329
Number of active participants2016-12-3135
Total funding liabilities for active participants2016-12-31682,394
Total participant count2016-12-3139
Total funding target for all participants2016-12-31712,536
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 contributions2016-12-316,191
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-316,577
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
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 contributions2016-12-31175,000
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 date2016-12-31166,929
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 cost2016-12-31116,291
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31114,190
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31114,190
Contributions allocatedtoward minimum required contributions for current year2016-12-31166,929
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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