401k Plan data: THE NICHOLS COMPANY, INC. CASH BALANCE PLAN plan

THE NICHOLS COMPANY, INC. CASH BALANCE PLAN 401k Plan overview

Plan Name	THE NICHOLS COMPANY, INC. CASH BALANCE PLAN
Plan identification number	002

THE NICHOLS COMPANY, INC. CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).

401k Sponsoring company profile

PENSION SERVICES INC has sponsored the creation of one or more 401k plans.

Company Name: PENSION SERVICES INC

Employer identification number (EIN): 562121742

NAIC Classification: 531210
NAIC Description: Offices of Real Estate Agents and Brokers

Additional information about PENSION SERVICES INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2007011

More information about PENSION SERVICES INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE NICHOLS COMPANY, INC. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2019-01-01
002 2018-01-01
002 2017-01-01 JOHN NICHOLS 2018-10-17 JOHN NICHOLS 2018-10-17
002 2016-01-01 JOHN NICHOLS 2018-01-31
002 2015-01-01 JOHN NICHOLS 2016-10-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2019-01-01
002	2018-01-01
002	2017-01-01	JOHN NICHOLS	2018-10-17	JOHN NICHOLS	2018-10-17
002	2016-01-01	JOHN NICHOLS	2018-01-31
002	2015-01-01	JOHN NICHOLS	2016-10-15

Plan Statistics for THE NICHOLS COMPANY, INC. CASH BALANCE PLAN

401k plan membership statisitcs for THE NICHOLS COMPANY, INC. CASH BALANCE PLAN

Measure Date Value
2019: THE NICHOLS COMPANY, INC. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets 2019-09-20 92,122
Acturial value of plan assets 2019-09-20 92,122
Funding target for retired participants and beneficiaries receiving payment 2019-09-20 0
Number of terminated vested participants 2019-09-20 1
Fundng target for terminated vested participants 2019-09-20 3,165
Active participant vested funding target 2019-09-20 102,609
Number of active participants 2019-09-20 5
Total funding liabilities for active participants 2019-09-20 108,616
Total participant count 2019-09-20 6
Total funding target for all participants 2019-09-20 111,781
Balance at beginning of prior year after applicable adjustments 2019-09-20 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-09-20 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-09-20 0
Prefunding balanced used to offset prior years funding requirement 2019-09-20 0
Amount remaining of carryover balance 2019-09-20 0
Amount remaining of prefunding balance 2019-09-20 0
Present value of excess contributions 2019-09-20 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-09-20 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-09-20 0
Reductions in caryover balances due to elections or deemed elections 2019-09-20 0
Reductions in prefunding balances due to elections or deemed elections 2019-09-20 0
Balance of carryovers at beginning of current year 2019-09-20 0
Balance of prefunding at beginning of current year 2019-09-20 0
Total employer contributions 2019-09-20 0
Total employee contributions 2019-09-20 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-09-20 0
Contributions made to avoid restrictions adjusted to valuation date 2019-09-20 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-09-20 0
Unpaid minimum required contributions for all prior years 2019-09-20 10,001
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-09-20 0
Remaining amount of unpaid minimum required contributions 2019-09-20 10,001
Minimum required contributions for current year target normal cost 2019-09-20 0
Net shortfall amortization installment of oustanding balance 2019-09-20 19,659
Waiver amortization installment 2019-09-20 0
Total funding amount beforereflecting carryover/prefunding balances 2019-09-20 838
Carryover balance elected to use to offset funding requirement 2019-09-20 0
Prefunding balance elected to use to offset funding requirement 2019-09-20 0
Additional cash requirement 2019-09-20 838
Contributions allocatedtoward minimum required contributions for current year 2019-09-20 0
Unpaid minimum required contributions for current year 2019-09-20 838
Unpaid minimum required contributions for all years 2019-09-20 10,839
2018: THE NICHOLS COMPANY, INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-12-31 92,072
Acturial value of plan assets 2018-12-31 92,072
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 1
Fundng target for terminated vested participants 2018-12-31 3,079
Active participant vested funding target 2018-12-31 97,493
Number of active participants 2018-12-31 5
Total funding liabilities for active participants 2018-12-31 97,493
Total participant count 2018-12-31 6
Total funding target for all participants 2018-12-31 100,572
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 20,204
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 18,172
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 48
Unpaid minimum required contributions for all prior years 2018-12-31 18,172
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 18,172
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 8,625
Net shortfall amortization installment of oustanding balance 2018-12-31 8,500
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 10,049
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 10,049
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 48
Unpaid minimum required contributions for current year 2018-12-31 10,001
Unpaid minimum required contributions for all years 2018-12-31 10,001
2017: THE NICHOLS COMPANY, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 75,009
Acturial value of plan assets 2017-12-31 75,009
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 0
Fundng target for terminated vested participants 2017-12-31 0
Active participant vested funding target 2017-12-31 75,366
Number of active participants 2017-12-31 6
Total funding liabilities for active participants 2017-12-31 75,366
Total participant count 2017-12-31 6
Total funding target for all participants 2017-12-31 75,366
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 184
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 184
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 0
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 18,088
Net shortfall amortization installment of oustanding balance 2017-12-31 357
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 18,172
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 18,172
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for current year 2017-12-31 18,172
Unpaid minimum required contributions for all years 2017-12-31 18,172
2016: THE NICHOLS COMPANY, INC. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 34,005
Acturial value of plan assets 2016-12-31 34,005
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 0
Fundng target for terminated vested participants 2016-12-31 0
Active participant vested funding target 2016-12-31 0
Number of active participants 2016-12-31 5
Total funding liabilities for active participants 2016-12-31 35,310
Total participant count 2016-12-31 5
Total funding target for all participants 2016-12-31 35,310
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 1
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 1
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 35,985
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 33,958
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 33,558
Net shortfall amortization installment of oustanding balance 2016-12-31 1,305
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 33,774
Additional cash requirement 2016-12-31 33,774
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 33,958
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2019: THE NICHOLS COMPANY, INC. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-09-20	92,122
Acturial value of plan assets	2019-09-20	92,122
Funding target for retired participants and beneficiaries receiving payment	2019-09-20	0
Number of terminated vested participants	2019-09-20	1
Fundng target for terminated vested participants	2019-09-20	3,165
Active participant vested funding target	2019-09-20	102,609
Number of active participants	2019-09-20	5
Total funding liabilities for active participants	2019-09-20	108,616
Total participant count	2019-09-20	6
Total funding target for all participants	2019-09-20	111,781
Balance at beginning of prior year after applicable adjustments	2019-09-20	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-09-20	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-09-20	0
Prefunding balanced used to offset prior years funding requirement	2019-09-20	0
Amount remaining of carryover balance	2019-09-20	0
Amount remaining of prefunding balance	2019-09-20	0
Present value of excess contributions	2019-09-20	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-09-20	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-09-20	0
Reductions in caryover balances due to elections or deemed elections	2019-09-20	0
Reductions in prefunding balances due to elections or deemed elections	2019-09-20	0
Balance of carryovers at beginning of current year	2019-09-20	0
Balance of prefunding at beginning of current year	2019-09-20	0
Total employer contributions	2019-09-20	0
Total employee contributions	2019-09-20	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-09-20	0
Contributions made to avoid restrictions adjusted to valuation date	2019-09-20	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-09-20	0
Unpaid minimum required contributions for all prior years	2019-09-20	10,001
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-09-20	0
Remaining amount of unpaid minimum required contributions	2019-09-20	10,001
Minimum required contributions for current year target normal cost	2019-09-20	0
Net shortfall amortization installment of oustanding balance	2019-09-20	19,659
Waiver amortization installment	2019-09-20	0
Total funding amount beforereflecting carryover/prefunding balances	2019-09-20	838
Carryover balance elected to use to offset funding requirement	2019-09-20	0
Prefunding balance elected to use to offset funding requirement	2019-09-20	0
Additional cash requirement	2019-09-20	838
Contributions allocatedtoward minimum required contributions for current year	2019-09-20	0
Unpaid minimum required contributions for current year	2019-09-20	838
Unpaid minimum required contributions for all years	2019-09-20	10,839
2018: THE NICHOLS COMPANY, INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-12-31	92,072
Acturial value of plan assets	2018-12-31	92,072
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	1
Fundng target for terminated vested participants	2018-12-31	3,079
Active participant vested funding target	2018-12-31	97,493
Number of active participants	2018-12-31	5
Total funding liabilities for active participants	2018-12-31	97,493
Total participant count	2018-12-31	6
Total funding target for all participants	2018-12-31	100,572
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	20,204
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	18,172
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	48
Unpaid minimum required contributions for all prior years	2018-12-31	18,172
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	18,172
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	8,625
Net shortfall amortization installment of oustanding balance	2018-12-31	8,500
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	10,049
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	10,049
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	48
Unpaid minimum required contributions for current year	2018-12-31	10,001
Unpaid minimum required contributions for all years	2018-12-31	10,001
2017: THE NICHOLS COMPANY, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	75,009
Acturial value of plan assets	2017-12-31	75,009
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	0
Fundng target for terminated vested participants	2017-12-31	0
Active participant vested funding target	2017-12-31	75,366
Number of active participants	2017-12-31	6
Total funding liabilities for active participants	2017-12-31	75,366
Total participant count	2017-12-31	6
Total funding target for all participants	2017-12-31	75,366
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	184
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	184
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	0
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	18,088
Net shortfall amortization installment of oustanding balance	2017-12-31	357
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	18,172
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	18,172
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	18,172
Unpaid minimum required contributions for all years	2017-12-31	18,172
2016: THE NICHOLS COMPANY, INC. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	34,005
Acturial value of plan assets	2016-12-31	34,005
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	0
Fundng target for terminated vested participants	2016-12-31	0
Active participant vested funding target	2016-12-31	0
Number of active participants	2016-12-31	5
Total funding liabilities for active participants	2016-12-31	35,310
Total participant count	2016-12-31	5
Total funding target for all participants	2016-12-31	35,310
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	1
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	1
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	35,985
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	33,958
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	33,558
Net shortfall amortization installment of oustanding balance	2016-12-31	1,305
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	33,774
Additional cash requirement	2016-12-31	33,774
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	33,958
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	PENSION SERVICES INC
Employer identification number (EIN):	562121742
NAIC Classification:	531210
NAIC Description:	Offices of Real Estate Agents and Brokers

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2007011