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Plan Name | UNION EMPLOYEES OF THE FRENCH'S FOOD COMPANY LLC |
Plan identification number | 010 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
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Company Name: | THE FRENCH'S FOOD COMPANY LLC |
Employer identification number (EIN): | 463211306 |
NAIC Classification: | 325600 |
Additional information about THE FRENCH'S FOOD COMPANY LLC
Jurisdiction of Incorporation: | Texas Secretary of State |
Incorporation Date: | 2014-01-01 |
Company Identification Number: | 0801894958 |
Legal Registered Office Address: |
24 SCHILLING RD STE 1 HUNT VALLEY United States of America (USA) 21031 |
More information about THE FRENCH'S FOOD COMPANY LLC
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
010 | 2018-01-01 | LISA B MANZONE | 2019-10-07 | ||
010 | 2018-01-01 | LISA B MANZONE | 2019-10-07 | ||
010 | 2017-01-01 |
Measure | Date | Value |
---|---|---|
2018: UNION EMPLOYEES OF THE FRENCH'S FOOD COMPANY LLC 2018 401k membership | ||
Market value of plan assets | 2018-12-31 | 34,238,006 |
Acturial value of plan assets | 2018-12-31 | 32,774,902 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 10,282,780 |
Number of terminated vested participants | 2018-12-31 | 327 |
Fundng target for terminated vested participants | 2018-12-31 | 5,791,688 |
Active participant vested funding target | 2018-12-31 | 15,532,666 |
Number of active participants | 2018-12-31 | 287 |
Total funding liabilities for active participants | 2018-12-31 | 15,532,666 |
Total participant count | 2018-12-31 | 965 |
Total funding target for all participants | 2018-12-31 | 31,607,134 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 2,113,568 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 649,428 |
Amount remaining of prefunding balance | 2018-12-31 | 1,464,140 |
Present value of excess contributions | 2018-12-31 | 2,277,459 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 2,414,107 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 1,250,000 |
Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
Balance of prefunding at beginning of current year | 2018-12-31 | 412,677 |
Total employer contributions | 2018-12-31 | 1,750,000 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 1,596,585 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 1,587,415 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 832,324 |
Additional cash requirement | 2018-12-31 | 832,324 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 1,596,585 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Total participants, beginning-of-year | 2018-01-01 | 964 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 306 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 314 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 262 |
Total of all active and inactive participants | 2018-01-01 | 882 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 87 |
Total participants | 2018-01-01 | 969 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 3 |
2017: UNION EMPLOYEES OF THE FRENCH'S FOOD COMPANY LLC 2017 401k membership | ||
Market value of plan assets | 2017-12-31 | 34,924,452 |
Acturial value of plan assets | 2017-12-31 | 35,185,955 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 10,004,938 |
Number of terminated vested participants | 2017-12-31 | 321 |
Fundng target for terminated vested participants | 2017-12-31 | 4,586,430 |
Active participant vested funding target | 2017-12-31 | 15,319,822 |
Number of active participants | 2017-12-31 | 394 |
Total funding liabilities for active participants | 2017-12-31 | 15,319,822 |
Total participant count | 2017-12-31 | 1,077 |
Total funding target for all participants | 2017-12-31 | 29,911,190 |
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 | 3,789,379 |
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 | 1,835,447 |
Amount remaining of prefunding balance | 2017-12-31 | 1,953,932 |
Present value of excess contributions | 2017-12-31 | 4,516,268 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 4,831,363 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 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 | 2,113,568 |
Total employer contributions | 2017-12-31 | 2,500,000 |
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 | 2,277,459 |
Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2017-12-31 | 0 |
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 | 1,627,291 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 0 |
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 | 649,428 |
Additional cash requirement | 2017-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 2,277,459 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
Total participants, beginning-of-year | 2017-01-01 | 1,077 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 287 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 321 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 270 |
Total of all active and inactive participants | 2017-01-01 | 878 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 85 |
Total participants | 2017-01-01 | 963 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 76 |
Measure | Date | Value |
---|---|---|
2018 : UNION EMPLOYEES OF THE FRENCH'S FOOD COMPANY LLC 2018 401k financial data | ||
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $60,828 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $62,261 |
Total income from all sources (including contributions) | 2018-12-31 | $635,383 |
Total loss/gain on sale of assets | 2018-12-31 | $135,683 |
Total of all expenses incurred | 2018-12-31 | $3,156,568 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $2,506,922 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,750,000 |
Value of total assets at end of year | 2018-12-31 | $31,863,542 |
Value of total assets at beginning of year | 2018-12-31 | $34,386,160 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $649,646 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $221,345 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $60,828 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $62,261 |
Administrative expenses (other) incurred | 2018-12-31 | $249,555 |
Total non interest bearing cash at end of year | 2018-12-31 | $92,444 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $93,924 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-2,521,185 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $31,802,714 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $34,323,899 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $30,021,098 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $31,792,236 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-1,250,300 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $1,750,000 |
Employer contributions (assets) at end of year | 2018-12-31 | $1,750,000 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $2,500,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $2,506,922 |
Contract administrator fees | 2018-12-31 | $178,746 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | No |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Aggregate proceeds on sale of assets | 2018-12-31 | $22,651,400 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $22,515,717 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | SB & COMPANY, LLC |
Accountancy firm EIN | 2018-12-31 | 202153727 |
2017 : UNION EMPLOYEES OF THE FRENCH'S FOOD COMPANY LLC 2017 401k financial data | ||
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $62,261 |
Total income from all sources (including contributions) | 2017-12-31 | $6,299,403 |
Total of all expenses incurred | 2017-12-31 | $7,105,486 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $6,592,893 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $2,500,000 |
Value of total assets at end of year | 2017-12-31 | $34,386,160 |
Value of total assets at beginning of year | 2017-12-31 | $35,129,982 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $512,593 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $168,915 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $20,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $62,261 |
Administrative expenses (other) incurred | 2017-12-31 | $177,635 |
Total non interest bearing cash at end of year | 2017-12-31 | $93,924 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $-806,083 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $34,323,899 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $35,129,982 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in master investment trust accounts at beginning of year | 2017-12-31 | $30,129,982 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $31,792,236 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $3,799,403 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $2,500,000 |
Employer contributions (assets) at end of year | 2017-12-31 | $2,500,000 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $5,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $6,592,893 |
Contract administrator fees | 2017-12-31 | $166,043 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | SB & COMPANY LLC |
Accountancy firm EIN | 2017-12-31 | 202153727 |
2018: UNION EMPLOYEES OF THE FRENCH'S FOOD COMPANY LLC 2018 form 5500 responses | ||
---|---|---|
2018-01-01 | Type of plan entity | Single employer plan |
2018-01-01 | Submission has been amended | Yes |
2018-01-01 | Plan is a collectively bargained plan | Yes |
2018-01-01 | Plan funding arrangement – Trust | Yes |
2018-01-01 | Plan benefit arrangement - Trust | Yes |
2017: UNION EMPLOYEES OF THE FRENCH'S FOOD COMPANY LLC 2017 form 5500 responses | ||
2017-01-01 | Type of plan entity | Single employer plan |
2017-01-01 | Plan is a collectively bargained plan | Yes |
2017-01-01 | Plan funding arrangement – Trust | Yes |
2017-01-01 | Plan benefit arrangement - Trust | Yes |