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PENSION PLAN OF MID-ATLANTIC DAIRY ASSOCIATION, INC 401k Plan overview

Plan NamePENSION PLAN OF MID-ATLANTIC DAIRY ASSOCIATION, INC
Plan identification number 001

PENSION PLAN OF MID-ATLANTIC DAIRY ASSOCIATION, INC Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • 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).

401k Sponsoring company profile

MID-ATLANTIC DAIRY ASSOCIATION, INC has sponsored the creation of one or more 401k plans.

Company Name:MID-ATLANTIC DAIRY ASSOCIATION, INC
Employer identification number (EIN):520567927
NAIC Classification:112120
NAIC Description:Dairy Cattle and Milk Production

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN OF MID-ATLANTIC DAIRY ASSOCIATION, INC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-11-01RICHARD NACZI2017-09-26 RICHARD NACZI2017-09-26
0012015-11-01RICHARD NACZI2017-08-03 RICHARD NACZI2017-08-03
0012014-11-01MARY CHAPMAN2016-05-12 MARY CHAPMAN2016-05-12
0012013-11-01MARY CHAPMAN2015-05-12 MARY CHAPMAN2015-05-12
0012012-11-01MARY CHAPMAN2014-04-23 MARY CHAPMAN2014-04-23
0012011-11-01MARY CHAPMAN2013-05-01
0012010-11-01MARY CHAPMAN2012-07-11
0012008-11-01

Plan Statistics for PENSION PLAN OF MID-ATLANTIC DAIRY ASSOCIATION, INC

401k plan membership statisitcs for PENSION PLAN OF MID-ATLANTIC DAIRY ASSOCIATION, INC

Measure Date Value
2017: PENSION PLAN OF MID-ATLANTIC DAIRY ASSOCIATION, INC 2017 401k membership
Market value of plan assets2017-08-315,137,280
Acturial value of plan assets2017-08-315,137,280
Funding target for retired participants and beneficiaries receiving payment2017-08-311,943,287
Number of terminated vested participants2017-08-3121
Fundng target for terminated vested participants2017-08-311,815,310
Active participant vested funding target2017-08-311,017,243
Number of active participants2017-08-317
Total funding liabilities for active participants2017-08-311,017,243
Total participant count2017-08-3150
Total funding target for all participants2017-08-314,775,840
Balance at beginning of prior year after applicable adjustments2017-08-310
Prefunding balance at beginning of prior year after applicable adjustments2017-08-31604,543
Amount remaining of carryover balance2017-08-310
Amount remaining of prefunding balance2017-08-31604,543
Present value of excess contributions2017-08-31193,669
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-08-31205,851
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-08-31205,851
Balance of carryovers at beginning of current year2017-08-310
Balance of prefunding at beginning of current year2017-08-31854,526
Total employer contributions2017-08-311,869,008
Total employee contributions2017-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-08-310
Contributions made to avoid restrictions adjusted to valuation date2017-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-08-311,800,692
Unpaid minimum required contributions for all prior years2017-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-08-310
Remaining amount of unpaid minimum required contributions2017-08-310
Minimum required contributions for current year target normal cost2017-08-310
Net shortfall amortization installment of oustanding balance2017-08-31493,086
Total funding amount beforereflecting carryover/prefunding balances2017-08-3189,698
Additional cash requirement2017-08-3189,698
Contributions allocatedtoward minimum required contributions for current year2017-08-311,800,692
Unpaid minimum required contributions for current year2017-08-310
Unpaid minimum required contributions for all years2017-08-310

Form 5500 Responses for PENSION PLAN OF MID-ATLANTIC DAIRY ASSOCIATION, INC

2008: PENSION PLAN OF MID-ATLANTIC DAIRY ASSOCIATION, INC 2008 form 5500 responses
2008-11-01Type of plan entitySingle employer plan
2008-11-01Submission has been amendedNo
2008-11-01This submission is the final filingNo
2008-11-01This return/report is a short plan year return/report (less than 12 months)No
2008-11-01Plan is a collectively bargained planNo

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