IONIA R WHIPPER HOME has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2016: EBP OF IONIA R WHIPPER HOME 2016 401k membership |
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Market value of plan assets | 2016-12-31 | 540,256 |
Acturial value of plan assets | 2016-12-31 | 557,204 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 440,160 |
Number of terminated vested participants | 2016-12-31 | 7 |
Fundng target for terminated vested participants | 2016-12-31 | 114,475 |
Total participant count | 2016-12-31 | 13 |
Total funding target for all participants | 2016-12-31 | 554,635 |
Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 11,488 |
Amount remaining of carryover balance | 2016-12-31 | 0 |
Amount remaining of prefunding balance | 2016-12-31 | 11,488 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
Balance of prefunding at beginning of current year | 2016-12-31 | 11,603 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 811 |
Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2016-12-31 | 10,911 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 9,034 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 12,404 |
Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 11,603 |
Additional cash requirement | 2016-12-31 | 801 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 811 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
Total participants, beginning-of-year | 2016-01-01 | 0 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 0 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 6 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 7 |
Total of all active and inactive participants | 2016-01-01 | 13 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 0 |
Total participants | 2016-01-01 | 13 |
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