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EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION 401k Plan overview

Plan NameEMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION
Plan identification number 001

EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION 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).

401k Sponsoring company profile

SECURITIES INVESTOR PROTECTION CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:SECURITIES INVESTOR PROTECTION CORPORATION
Employer identification number (EIN):520910763
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01JULIE MCINTOSH2023-07-26 JOSEPHINE WANG2023-07-26
0012021-01-01JULIE MCINTOSH2022-07-25 JOSEPHINE WANG2022-07-25
0012020-01-01JULIE MCINTOSH2021-07-27 JOSEPHINE WANG2021-07-27
0012019-01-01JULIE MCINTOSH2020-07-27 JOSEPHINE WANG2020-07-28
0012018-01-01JULIE MCINTOSH2019-07-29 JOSEPHINE WANG2019-07-29
0012017-01-01JULIE MCINTOSH2018-07-25 STEPHEN HARBECK2018-07-25
0012016-01-01JOSEPH FURR2017-07-12 STEPHEN HARBECK2017-07-13
0012015-01-01JOSEPH FURR2016-07-26 STEPHEN HARBECK2016-07-26
0012014-01-01JOSEPH FURR2015-10-14 STEPHEN HARBECK2015-10-14
0012013-01-01JOSEPH FURR2014-07-17 STEPHEN HARBECK2014-07-17
0012012-01-01JOSEPH FURR2013-07-19 STEPHEN HARBECK2013-07-19
0012011-01-01JOSEPH FURR2012-10-12 STEPHEN HARBECK2012-10-12
0012010-01-01JOSEPH FURR2011-10-13 STEPHEN HARBECK2011-10-13

Plan Statistics for EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION

401k plan membership statisitcs for EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION

Measure Date Value
2022: EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION 2022 401k membership
Market value of plan assets2022-12-3185,530,339
Acturial value of plan assets2022-12-3185,530,339
Funding target for retired participants and beneficiaries receiving payment2022-12-3126,675,698
Number of terminated vested participants2022-12-318
Fundng target for terminated vested participants2022-12-31873,803
Active participant vested funding target2022-12-3120,776,380
Number of active participants2022-12-3139
Total funding liabilities for active participants2022-12-3122,701,751
Total participant count2022-12-3176
Total funding target for all participants2022-12-3150,251,252
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 contributions2022-12-312,006,249
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-312,106,160
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 contributions2022-12-312,500,000
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 date2022-12-312,379,845
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 cost2022-12-311,184,131
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-312,379,845
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION 2021 401k membership
Market value of plan assets2021-12-3179,288,975
Acturial value of plan assets2021-12-3179,288,975
Funding target for retired participants and beneficiaries receiving payment2021-12-3122,363,149
Number of terminated vested participants2021-12-3110
Fundng target for terminated vested participants2021-12-311,504,494
Active participant vested funding target2021-12-3124,075,753
Number of active participants2021-12-3137
Total funding liabilities for active participants2021-12-3125,953,005
Total participant count2021-12-3172
Total funding target for all participants2021-12-3149,820,648
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 contributions2021-12-316,281,346
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-316,619,911
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 contributions2021-12-312,100,000
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 date2021-12-312,006,249
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 cost2021-12-31991,809
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 year2021-12-312,006,249
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION 2020 401k membership
Market value of plan assets2020-12-3162,954,454
Acturial value of plan assets2020-12-3162,954,454
Funding target for retired participants and beneficiaries receiving payment2020-12-3123,411,545
Number of terminated vested participants2020-12-319
Fundng target for terminated vested participants2020-12-311,132,542
Active participant vested funding target2020-12-3122,329,506
Number of active participants2020-12-3137
Total funding liabilities for active participants2020-12-3123,656,614
Total participant count2020-12-3173
Total funding target for all participants2020-12-3148,200,701
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 contributions2020-12-314,752,260
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-315,015,535
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 contributions2020-12-316,600,000
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 date2020-12-316,281,346
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 cost2020-12-31976,459
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 year2020-12-316,281,346
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION 2019 401k membership
Market value of plan assets2019-12-3149,758,185
Acturial value of plan assets2019-12-3149,758,185
Funding target for retired participants and beneficiaries receiving payment2019-12-3119,360,774
Number of terminated vested participants2019-12-318
Fundng target for terminated vested participants2019-12-31725,316
Active participant vested funding target2019-12-3122,928,623
Number of active participants2019-12-3139
Total funding liabilities for active participants2019-12-3124,919,374
Total participant count2019-12-3172
Total funding target for all participants2019-12-3145,005,464
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 contributions2019-12-315,000,000
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 date2019-12-314,752,260
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 cost2019-12-311,202,906
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 year2019-12-314,752,260
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION 2018 401k membership
Market value of plan assets2018-12-3153,832,058
Acturial value of plan assets2018-12-3153,832,058
Funding target for retired participants and beneficiaries receiving payment2018-12-3113,046,214
Number of terminated vested participants2018-12-317
Fundng target for terminated vested participants2018-12-31706,121
Active participant vested funding target2018-12-3126,353,994
Number of active participants2018-12-3139
Total funding liabilities for active participants2018-12-3127,989,614
Total participant count2018-12-3168
Total funding target for all participants2018-12-3141,741,949
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 contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
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 contributions2018-12-310
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 cost2018-12-31974,599
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: EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION 2017 401k membership
Market value of plan assets2017-12-3147,112,381
Acturial value of plan assets2017-12-3147,112,381
Funding target for retired participants and beneficiaries receiving payment2017-12-3112,742,553
Number of terminated vested participants2017-12-318
Fundng target for terminated vested participants2017-12-31682,323
Active participant vested funding target2017-12-3119,022,426
Number of active participants2017-12-3139
Total funding liabilities for active participants2017-12-3119,814,751
Total participant count2017-12-3168
Total funding target for all participants2017-12-3133,239,627
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 contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
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 contributions2017-12-310
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 date2017-12-310
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 cost2017-12-31893,987
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: EMPLOYEES' RETIREMENT PLAN OF SECURITIES INVESTOR PROTECTION CORPORATION 2016 401k membership
Market value of plan assets2016-12-3144,555,585
Acturial value of plan assets2016-12-3144,555,585
Funding target for retired participants and beneficiaries receiving payment2016-12-3112,912,984
Number of terminated vested participants2016-12-318
Fundng target for terminated vested participants2016-12-31600,836
Active participant vested funding target2016-12-3117,097,117
Number of active participants2016-12-3139
Total funding liabilities for active participants2016-12-3117,929,950
Total participant count2016-12-3169
Total funding target for all participants2016-12-3131,443,770
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 contributions2016-12-310
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 date2016-12-310
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 cost2016-12-311,070,128
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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