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NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 401k Plan overview

Plan NameNATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN
Plan identification number 003

NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 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).
  • 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.

401k Sponsoring company profile

NATIONAL ASSOCIATION OF WHOLESALER- DISTRIBUTORS has sponsored the creation of one or more 401k plans.

Company Name:NATIONAL ASSOCIATION OF WHOLESALER- DISTRIBUTORS
Employer identification number (EIN):530188893
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032019-01-01ELIZABETH CRUZ2020-09-14 ELIZABETH CRUZ2020-09-14
0032018-01-01ELIZABETH CRUZ2019-08-01 ELIZABETH CRUZ2019-08-01
0032017-01-01ELIZABETH CRUZ2018-09-25 ELIZABETH CRUZ2018-09-25
0032016-01-01ELIZABETH CRUZ2017-09-13 ELIZABETH CRUZ2017-09-13
0032015-01-01ELIZABETH CRUZ2016-07-18 ELIZABETH CRUZ2016-07-18
0032014-01-01ELIZABETH CRUZ2015-10-01 ELIZABETH CRUZ2015-10-01
0032013-01-01ELIZABETH CRUZ
0032012-01-01ELIZABETH CRUZ
0032011-01-01ELIZABETH CRUZ
0032010-01-01ELIZABETH CRUZ
0032009-01-01ELIZABETH CRUZ

Plan Statistics for NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN

401k plan membership statisitcs for NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN

Measure Date Value
2018: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2018 401k membership
Market value of plan assets2018-12-314,517,623
Acturial value of plan assets2018-12-314,517,623
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-316
Fundng target for terminated vested participants2018-12-31162,196
Active participant vested funding target2018-12-313,008,821
Number of active participants2018-12-318
Total funding liabilities for active participants2018-12-313,008,821
Total participant count2018-12-3114
Total funding target for all participants2018-12-313,171,017
Balance at beginning of prior year after applicable adjustments2018-12-31772,133
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31279,369
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 balance2018-12-31772,133
Amount remaining of prefunding balance2018-12-31279,369
Present value of excess contributions2018-12-31207,410
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31219,813
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 year2018-12-31891,968
Balance of prefunding at beginning of current year2018-12-31322,727
Total employer contributions2018-12-3114,000
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 date2018-12-3113,776
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 cost2018-12-3113,000
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 year2018-12-3113,776
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2017 401k membership
Market value of plan assets2017-12-313,717,589
Acturial value of plan assets2017-12-313,717,589
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-316
Fundng target for terminated vested participants2017-12-31150,411
Active participant vested funding target2017-12-312,836,115
Number of active participants2017-12-318
Total funding liabilities for active participants2017-12-312,836,115
Total participant count2017-12-3114
Total funding target for all participants2017-12-312,986,526
Balance at beginning of prior year after applicable adjustments2017-12-31699,269
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31253,006
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 balance2017-12-31699,269
Amount remaining of prefunding balance2017-12-31253,006
Present value of excess contributions2017-12-31195,320
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31207,352
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 year2017-12-31772,133
Balance of prefunding at beginning of current year2017-12-31279,369
Total employer contributions2017-12-31233,000
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 date2017-12-31221,410
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 cost2017-12-3114,000
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3114,000
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-3114,000
Contributions allocatedtoward minimum required contributions for current year2017-12-31221,410
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2016 401k membership
Market value of plan assets2016-12-313,762,257
Acturial value of plan assets2016-12-313,762,257
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-314
Fundng target for terminated vested participants2016-12-31128,136
Active participant vested funding target2016-12-313,202,130
Number of active participants2016-12-3112
Total funding liabilities for active participants2016-12-313,202,130
Total participant count2016-12-3116
Total funding target for all participants2016-12-313,330,266
Balance at beginning of prior year after applicable adjustments2016-12-31709,126
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31256,572
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 balance2016-12-31709,126
Amount remaining of prefunding balance2016-12-31256,572
Present value of excess contributions2016-12-31208,039
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31221,021
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 year2016-12-31699,269
Balance of prefunding at beginning of current year2016-12-31253,006
Total employer contributions2016-12-31220,000
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 date2016-12-31208,320
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 cost2016-12-3113,000
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3113,000
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-3113,000
Contributions allocatedtoward minimum required contributions for current year2016-12-31208,320
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
2013: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0118
Total number of active participants reported on line 7a of the Form 55002013-01-0114
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0120
Total number of active participants reported on line 7a of the Form 55002012-01-0114
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0122
Total number of active participants reported on line 7a of the Form 55002011-01-0116
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-013
Total of all active and inactive participants2011-01-0119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0123
Total number of active participants reported on line 7a of the Form 55002010-01-0117
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-011
Total participants2010-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0123
Total number of active participants reported on line 7a of the Form 55002009-01-0118
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-014
Total of all active and inactive participants2009-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-0123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN

Measure Date Value
2013 : NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2013 401k financial data
Total income from all sources2013-12-31$1,031,830
Expenses. Total of all expenses incurred2013-12-31$149,061
Benefits paid (including direct rollovers)2013-12-31$149,061
Total plan assets at end of year2013-12-31$7,244,025
Total plan assets at beginning of year2013-12-31$6,361,256
Value of fidelity bond covering the plan2013-12-31$500,000
Other income received2013-12-31$710,970
Net income (gross income less expenses)2013-12-31$882,769
Net plan assets at end of year (total assets less liabilities)2013-12-31$7,244,025
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$6,361,256
Total contributions received or receivable from employer(s)2013-12-31$320,860
2012 : NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2012 401k financial data
Total income from all sources2012-12-31$806,554
Expenses. Total of all expenses incurred2012-12-31$115,729
Benefits paid (including direct rollovers)2012-12-31$115,729
Total plan assets at end of year2012-12-31$6,361,256
Total plan assets at beginning of year2012-12-31$5,670,431
Value of fidelity bond covering the plan2012-12-31$500,000
Other income received2012-12-31$515,458
Net income (gross income less expenses)2012-12-31$690,825
Net plan assets at end of year (total assets less liabilities)2012-12-31$6,361,256
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$5,670,431
Total contributions received or receivable from employer(s)2012-12-31$291,096
2011 : NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2011 401k financial data
Total income from all sources2011-12-31$404,234
Expenses. Total of all expenses incurred2011-12-31$88,227
Benefits paid (including direct rollovers)2011-12-31$88,227
Total plan assets at end of year2011-12-31$5,670,431
Total plan assets at beginning of year2011-12-31$5,354,424
Other income received2011-12-31$102,237
Net income (gross income less expenses)2011-12-31$316,007
Net plan assets at end of year (total assets less liabilities)2011-12-31$5,670,431
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$5,354,424
Total contributions received or receivable from employer(s)2011-12-31$301,997
2010 : NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2010 401k financial data
Total income from all sources2010-12-31$712,694
Expenses. Total of all expenses incurred2010-12-31$24,806
Benefits paid (including direct rollovers)2010-12-31$24,806
Total plan assets at end of year2010-12-31$5,354,424
Total plan assets at beginning of year2010-12-31$4,666,536
Other income received2010-12-31$423,688
Net income (gross income less expenses)2010-12-31$687,888
Net plan assets at end of year (total assets less liabilities)2010-12-31$5,354,424
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$4,666,536
Total contributions received or receivable from employer(s)2010-12-31$289,006

Form 5500 Responses for NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN

2013: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: NATIONAL ASSOCIATION OF WHOLESALERS - DISTRIBUTORS DEFINED BENEFIT RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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