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EMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, INC. 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, INC.
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, 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).
  • 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

IONIA R. WHIPPER HOME, INC. has sponsored the creation of one or more 401k plans.

Company Name:IONIA R. WHIPPER HOME, INC.
Employer identification number (EIN):530227958

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01DEBORAH BRADLEY2020-10-14
0012019-01-01
0012018-01-01DEBORAH BRADLEY2019-09-22
0012017-01-01URSULA BLAKE2019-01-14
0012016-01-01HELENA EDWARDS2018-02-11
0012015-01-01JACQUELYN HENRY2016-10-17 JACQUELYN HENRY2016-10-17
0012014-01-01JACQUELYN HENRY2016-12-13 JACQUELYN HENRY2016-12-13
0012013-01-01JACQUELINE LIPSCOMBE2014-09-22 JACQUELINE LIPSCOMBE2014-09-22
0012012-01-01JOAN HURLEY2013-10-15
0012011-01-01JOAN HURLEY2012-10-15
0012010-01-01JOAN HURLEY2011-08-19

Plan Statistics for EMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, INC.

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, INC.

Measure Date Value
2019: EMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, INC. 2019 401k membership
Market value of plan assets2019-12-31434,735
Acturial value of plan assets2019-12-31447,351
Funding target for retired participants and beneficiaries receiving payment2019-12-31490,644
Number of terminated vested participants2019-12-313
Fundng target for terminated vested participants2019-12-3138,838
Active participant vested funding target2019-12-310
Number of active participants2019-12-310
Total funding liabilities for active participants2019-12-310
Total participant count2019-12-3111
Total funding target for all participants2019-12-31529,482
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 contributions2019-12-31414
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31437
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 contributions2019-12-31323,628
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 date2019-12-31308,582
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 cost2019-12-3110,729
Net shortfall amortization installment of oustanding balance2019-12-3182,131
Total funding amount beforereflecting carryover/prefunding balances2019-12-3125,757
Additional cash requirement2019-12-3125,757
Contributions allocatedtoward minimum required contributions for current year2019-12-31308,582
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total employee contributions2019-12-310
2018: EMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, INC. 2018 401k membership
Market value of plan assets2018-12-31452,531
Acturial value of plan assets2018-12-31466,683
Funding target for retired participants and beneficiaries receiving payment2018-12-31472,642
Number of terminated vested participants2018-12-314
Fundng target for terminated vested participants2018-12-3160,551
Total participant count2018-12-3111
Total funding target for all participants2018-12-31533,193
Present value of excess contributions2018-12-316
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-316
Total employer contributions2018-12-3123,948
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-3122,311
Minimum required contributions for current year target normal cost2018-12-3110,717
Net shortfall amortization installment of oustanding balance2018-12-3166,510
Total funding amount beforereflecting carryover/prefunding balances2018-12-3121,897
Additional cash requirement2018-12-3121,897
Contributions allocatedtoward minimum required contributions for current year2018-12-3122,311
2017: EMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, INC. 2017 401k membership
Market value of plan assets2017-12-31480,319
Acturial value of plan assets2017-12-31495,927
Funding target for retired participants and beneficiaries receiving payment2017-12-31439,461
Number of terminated vested participants2017-12-315
Fundng target for terminated vested participants2017-12-3162,409
Total participant count2017-12-3111
Total funding target for all participants2017-12-31501,870
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3111,603
Prefunding balanced used to offset prior years funding requirement2017-12-3111,603
Present value of excess contributions2017-12-3110
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3110
Total employer contributions2017-12-3113,550
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-3111,862
Minimum required contributions for current year target normal cost2017-12-3110,705
Net shortfall amortization installment of oustanding balance2017-12-315,943
Total funding amount beforereflecting carryover/prefunding balances2017-12-3111,856
Additional cash requirement2017-12-3111,856
Contributions allocatedtoward minimum required contributions for current year2017-12-3111,862
2016: EMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, INC. 2016 401k membership
Market value of plan assets2016-12-31540,256
Acturial value of plan assets2016-12-31557,204
Funding target for retired participants and beneficiaries receiving payment2016-12-31440,160
Number of terminated vested participants2016-12-317
Fundng target for terminated vested participants2016-12-31114,475
Total participant count2016-12-3113
Total funding target for all participants2016-12-31554,635
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3111,488
Amount remaining of prefunding balance2016-12-3111,488
Balance of prefunding at beginning of current year2016-12-3111,603
Total employer contributions2016-12-31884
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31811
Minimum required contributions for current year target normal cost2016-12-3110,911
Net shortfall amortization installment of oustanding balance2016-12-319,034
Total funding amount beforereflecting carryover/prefunding balances2016-12-3112,404
Prefunding balance elected to use to offset funding requirement2016-12-3111,603
Additional cash requirement2016-12-31801
Contributions allocatedtoward minimum required contributions for current year2016-12-31811

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, INC.

2019: EMPLOYEE BENEFIT PLAN OF IONIA R WHIPPER HOME, INC. 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingYes
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo

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