401k Plan data: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN plan

MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN
Plan identification number	002

MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Benefits are primarily flat dollar (includes dollars per year of service)
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).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MANAGEMENT & DEVELOPMENT ASSOCIATES, INC has sponsored the creation of one or more 401k plans.

Company Name: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC

Employer identification number (EIN): 521020674

NAIC Classification: 531390
NAIC Description: Other Activities Related to Real Estate

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2021-09-01 MICHAEL GEWIRZ 2023-06-13
002 2020-09-01
002 2019-09-01
002 2018-09-01
002 2017-09-01 MICHAEL GEWIRZ 2019-06-17
002 2016-09-01 MICHAEL GEWIRZ 2018-06-14
002 2015-09-01 MICHAEL GEWIRZ 2017-06-06
002 2014-09-01 MICHAEL GEWIRZ 2016-05-03
002 2013-09-01 STEVEN GEWIRZ 2015-06-08
002 2012-09-01 MICHAEL GEWIRZ 2014-06-13
002 2011-09-01 MICHAEL GEWIRZ 2013-06-10
002 2010-09-01 MICHAEL GEWIRZ 2012-05-21

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2021-09-01	MICHAEL GEWIRZ	2023-06-13
002	2020-09-01
002	2019-09-01
002	2018-09-01
002	2017-09-01	MICHAEL GEWIRZ	2019-06-17
002	2016-09-01	MICHAEL GEWIRZ	2018-06-14
002	2015-09-01	MICHAEL GEWIRZ	2017-06-06
002	2014-09-01	MICHAEL GEWIRZ	2016-05-03
002	2013-09-01	STEVEN GEWIRZ	2015-06-08
002	2012-09-01	MICHAEL GEWIRZ	2014-06-13
002	2011-09-01	MICHAEL GEWIRZ	2013-06-10
002	2010-09-01	MICHAEL GEWIRZ	2012-05-21

Plan Statistics for MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN

401k plan membership statisitcs for MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN

Measure Date Value
2022: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets 2022-08-31 16,304,370
Acturial value of plan assets 2022-08-31 16,304,370
Funding target for retired participants and beneficiaries receiving payment 2022-08-31 455,985
Number of terminated vested participants 2022-08-31 0
Fundng target for terminated vested participants 2022-08-31 0
Active participant vested funding target 2022-08-31 304,570
Number of active participants 2022-08-31 2
Total funding liabilities for active participants 2022-08-31 304,570
Total participant count 2022-08-31 4
Total funding target for all participants 2022-08-31 760,555
Balance at beginning of prior year after applicable adjustments 2022-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2022-08-31 0
Prefunding balanced used to offset prior years funding requirement 2022-08-31 0
Amount remaining of carryover balance 2022-08-31 0
Amount remaining of prefunding balance 2022-08-31 0
Present value of excess contributions 2022-08-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-08-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-08-31 0
Reductions in caryover balances due to elections or deemed elections 2022-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-08-31 0
Balance of carryovers at beginning of current year 2022-08-31 0
Balance of prefunding at beginning of current year 2022-08-31 0
Total employer contributions 2022-08-31 0
Total employee contributions 2022-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-08-31 0
Unpaid minimum required contributions for all prior years 2022-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-08-31 0
Remaining amount of unpaid minimum required contributions 2022-08-31 0
Minimum required contributions for current year target normal cost 2022-08-31 0
Net shortfall amortization installment of oustanding balance 2022-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-08-31 0
Additional cash requirement 2022-08-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-08-31 0
Unpaid minimum required contributions for current year 2022-08-31 0
Unpaid minimum required contributions for all years 2022-08-31 0
2021: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets 2021-08-31 11,279,528
Acturial value of plan assets 2021-08-31 11,279,528
Funding target for retired participants and beneficiaries receiving payment 2021-08-31 485,086
Number of terminated vested participants 2021-08-31 0
Fundng target for terminated vested participants 2021-08-31 0
Active participant vested funding target 2021-08-31 285,721
Number of active participants 2021-08-31 2
Total funding liabilities for active participants 2021-08-31 285,721
Total participant count 2021-08-31 4
Total funding target for all participants 2021-08-31 770,807
Balance at beginning of prior year after applicable adjustments 2021-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2021-08-31 0
Prefunding balanced used to offset prior years funding requirement 2021-08-31 0
Balance of carryovers at beginning of current year 2021-08-31 0
Balance of prefunding at beginning of current year 2021-08-31 0
Remaining amount of unpaid minimum required contributions 2021-08-31 0
Minimum required contributions for current year target normal cost 2021-08-31 0
Unpaid minimum required contributions for current year 2021-08-31 0
2020: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets 2020-08-31 11,788,078
Acturial value of plan assets 2020-08-31 11,788,078
Funding target for retired participants and beneficiaries receiving payment 2020-08-31 522,251
Number of terminated vested participants 2020-08-31 0
Fundng target for terminated vested participants 2020-08-31 0
Active participant vested funding target 2020-08-31 274,624
Number of active participants 2020-08-31 2
Total funding liabilities for active participants 2020-08-31 274,624
Total participant count 2020-08-31 4
Total funding target for all participants 2020-08-31 796,875
Balance at beginning of prior year after applicable adjustments 2020-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-08-31 0
Prefunding balanced used to offset prior years funding requirement 2020-08-31 0
Balance of carryovers at beginning of current year 2020-08-31 0
Balance of prefunding at beginning of current year 2020-08-31 0
Remaining amount of unpaid minimum required contributions 2020-08-31 0
Minimum required contributions for current year target normal cost 2020-08-31 0
Unpaid minimum required contributions for current year 2020-08-31 0
2019: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets 2019-08-31 12,926,251
Acturial value of plan assets 2019-08-31 12,926,251
Funding target for retired participants and beneficiaries receiving payment 2019-08-31 547,043
Active participant vested funding target 2019-08-31 245,738
Number of active participants 2019-08-31 2
Total funding liabilities for active participants 2019-08-31 245,738
Total participant count 2019-08-31 4
Total funding target for all participants 2019-08-31 792,781
Balance at beginning of prior year after applicable adjustments 2019-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-08-31 0
Prefunding balanced used to offset prior years funding requirement 2019-08-31 0
Present value of excess contributions 2019-08-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-08-31 0
Balance of carryovers at beginning of current year 2019-08-31 0
Balance of prefunding at beginning of current year 2019-08-31 0
Remaining amount of unpaid minimum required contributions 2019-08-31 0
2018: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets 2018-08-31 12,011,637
Acturial value of plan assets 2018-08-31 12,011,637
Funding target for retired participants and beneficiaries receiving payment 2018-08-31 516,235
Active participant vested funding target 2018-08-31 159,751
Number of active participants 2018-08-31 2
Total funding liabilities for active participants 2018-08-31 159,751
Total participant count 2018-08-31 4
Total funding target for all participants 2018-08-31 675,986
Minimum required contributions for current year target normal cost 2018-08-31 6,655
Unpaid minimum required contributions for all years 2018-08-31 0
2017: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-08-31 10,820,414
Acturial value of plan assets 2017-08-31 10,820,414
Number of terminated vested participants 2017-08-31 2
Fundng target for terminated vested participants 2017-08-31 540,764
Active participant vested funding target 2017-08-31 143,668
Number of active participants 2017-08-31 2
Total funding liabilities for active participants 2017-08-31 143,668
Total participant count 2017-08-31 4
Total funding target for all participants 2017-08-31 684,432
Minimum required contributions for current year target normal cost 2017-08-31 5,987
Unpaid minimum required contributions for all years 2017-08-31 0

Measure	Date	Value
2022: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets	2022-08-31	16,304,370
Acturial value of plan assets	2022-08-31	16,304,370
Funding target for retired participants and beneficiaries receiving payment	2022-08-31	455,985
Number of terminated vested participants	2022-08-31	0
Fundng target for terminated vested participants	2022-08-31	0
Active participant vested funding target	2022-08-31	304,570
Number of active participants	2022-08-31	2
Total funding liabilities for active participants	2022-08-31	304,570
Total participant count	2022-08-31	4
Total funding target for all participants	2022-08-31	760,555
Balance at beginning of prior year after applicable adjustments	2022-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2022-08-31	0
Prefunding balanced used to offset prior years funding requirement	2022-08-31	0
Amount remaining of carryover balance	2022-08-31	0
Amount remaining of prefunding balance	2022-08-31	0
Present value of excess contributions	2022-08-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-08-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-08-31	0
Reductions in caryover balances due to elections or deemed elections	2022-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-08-31	0
Balance of carryovers at beginning of current year	2022-08-31	0
Balance of prefunding at beginning of current year	2022-08-31	0
Total employer contributions	2022-08-31	0
Total employee contributions	2022-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-08-31	0
Unpaid minimum required contributions for all prior years	2022-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-08-31	0
Remaining amount of unpaid minimum required contributions	2022-08-31	0
Minimum required contributions for current year target normal cost	2022-08-31	0
Net shortfall amortization installment of oustanding balance	2022-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-08-31	0
Additional cash requirement	2022-08-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-08-31	0
Unpaid minimum required contributions for current year	2022-08-31	0
Unpaid minimum required contributions for all years	2022-08-31	0
2021: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets	2021-08-31	11,279,528
Acturial value of plan assets	2021-08-31	11,279,528
Funding target for retired participants and beneficiaries receiving payment	2021-08-31	485,086
Number of terminated vested participants	2021-08-31	0
Fundng target for terminated vested participants	2021-08-31	0
Active participant vested funding target	2021-08-31	285,721
Number of active participants	2021-08-31	2
Total funding liabilities for active participants	2021-08-31	285,721
Total participant count	2021-08-31	4
Total funding target for all participants	2021-08-31	770,807
Balance at beginning of prior year after applicable adjustments	2021-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-08-31	0
Prefunding balanced used to offset prior years funding requirement	2021-08-31	0
Balance of carryovers at beginning of current year	2021-08-31	0
Balance of prefunding at beginning of current year	2021-08-31	0
Remaining amount of unpaid minimum required contributions	2021-08-31	0
Minimum required contributions for current year target normal cost	2021-08-31	0
Unpaid minimum required contributions for current year	2021-08-31	0
2020: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets	2020-08-31	11,788,078
Acturial value of plan assets	2020-08-31	11,788,078
Funding target for retired participants and beneficiaries receiving payment	2020-08-31	522,251
Number of terminated vested participants	2020-08-31	0
Fundng target for terminated vested participants	2020-08-31	0
Active participant vested funding target	2020-08-31	274,624
Number of active participants	2020-08-31	2
Total funding liabilities for active participants	2020-08-31	274,624
Total participant count	2020-08-31	4
Total funding target for all participants	2020-08-31	796,875
Balance at beginning of prior year after applicable adjustments	2020-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-08-31	0
Prefunding balanced used to offset prior years funding requirement	2020-08-31	0
Balance of carryovers at beginning of current year	2020-08-31	0
Balance of prefunding at beginning of current year	2020-08-31	0
Remaining amount of unpaid minimum required contributions	2020-08-31	0
Minimum required contributions for current year target normal cost	2020-08-31	0
Unpaid minimum required contributions for current year	2020-08-31	0
2019: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets	2019-08-31	12,926,251
Acturial value of plan assets	2019-08-31	12,926,251
Funding target for retired participants and beneficiaries receiving payment	2019-08-31	547,043
Active participant vested funding target	2019-08-31	245,738
Number of active participants	2019-08-31	2
Total funding liabilities for active participants	2019-08-31	245,738
Total participant count	2019-08-31	4
Total funding target for all participants	2019-08-31	792,781
Balance at beginning of prior year after applicable adjustments	2019-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-08-31	0
Prefunding balanced used to offset prior years funding requirement	2019-08-31	0
Present value of excess contributions	2019-08-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-08-31	0
Balance of carryovers at beginning of current year	2019-08-31	0
Balance of prefunding at beginning of current year	2019-08-31	0
Remaining amount of unpaid minimum required contributions	2019-08-31	0
2018: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets	2018-08-31	12,011,637
Acturial value of plan assets	2018-08-31	12,011,637
Funding target for retired participants and beneficiaries receiving payment	2018-08-31	516,235
Active participant vested funding target	2018-08-31	159,751
Number of active participants	2018-08-31	2
Total funding liabilities for active participants	2018-08-31	159,751
Total participant count	2018-08-31	4
Total funding target for all participants	2018-08-31	675,986
Minimum required contributions for current year target normal cost	2018-08-31	6,655
Unpaid minimum required contributions for all years	2018-08-31	0
2017: MANAGEMENT & DEVELOPMENT ASSOCIATES, INC DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-08-31	10,820,414
Acturial value of plan assets	2017-08-31	10,820,414
Number of terminated vested participants	2017-08-31	2
Fundng target for terminated vested participants	2017-08-31	540,764
Active participant vested funding target	2017-08-31	143,668
Number of active participants	2017-08-31	2
Total funding liabilities for active participants	2017-08-31	143,668
Total participant count	2017-08-31	4
Total funding target for all participants	2017-08-31	684,432
Minimum required contributions for current year target normal cost	2017-08-31	5,987
Unpaid minimum required contributions for all years	2017-08-31	0

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Company Name:	MANAGEMENT & DEVELOPMENT ASSOCIATES, INC
Employer identification number (EIN):	521020674
NAIC Classification:	531390
NAIC Description:	Other Activities Related to Real Estate