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PENSION PLAN FOR EMPLOYEES OF EASTER SEALS, INC. 401k Plan overview

Plan NamePENSION PLAN FOR EMPLOYEES OF EASTER SEALS, INC.
Plan identification number 001

PENSION PLAN FOR EMPLOYEES OF EASTER SEALS, 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).
  • 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).
  • Plan covering Self-Employed individuals.
  • Plan not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.

401k Sponsoring company profile

EASTER SEALS SOUTH CAROLINA has sponsored the creation of one or more 401k plans.

Company Name:EASTER SEALS SOUTH CAROLINA
Employer identification number (EIN):570342029
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR EMPLOYEES OF EASTER SEALS, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-09-01GLENDA OAKLEY2022-08-17 GLENDA OAKLEY2022-08-17
0012020-09-01SILVIJA JAKUBOWSKI2022-06-14 SILVIJA JAKUBOWSKI2022-06-14
0012019-09-01SILVIJA JAKUBOWSKI2021-01-15 SILVIJA JAKUBOWSKI2021-01-15
0012019-09-01SILVIJA JAKUBOWSKI2021-01-15 SILVIJA JAKUBOWSKI2021-01-15
0012018-09-01SILVIJA JAKUBOWSKI2020-02-10 SILVIJA JAKUBOWSKI2020-02-10
0012017-09-01SILVIJA JAKUBOWSKI2019-06-07 SILVIJA JAKUBOWSKI2019-06-07
0012016-09-01SILVIJA JAKUBOWSKI2018-06-14 SILVIJA JAKUBOWSKI2018-06-14
0012015-09-01SILVIJA JAKUBOWSKI2017-06-14
0012014-09-01SILVIJA JAKUBOWSKI2016-06-14
0012013-09-01DOROTHY M. MOSER2015-06-10
0012012-09-01DOROTHY M. MOSER2014-06-10
0012011-09-01DOROTHY M. MOSER2013-06-13
0012010-09-01DOROTHY M. MOSER2012-06-14

Plan Statistics for PENSION PLAN FOR EMPLOYEES OF EASTER SEALS, INC.

401k plan membership statisitcs for PENSION PLAN FOR EMPLOYEES OF EASTER SEALS, INC.

Measure Date Value
2020: PENSION PLAN FOR EMPLOYEES OF EASTER SEALS, INC. 2020 401k membership
Market value of plan assets2020-08-31792,032
Acturial value of plan assets2020-08-31792,032
Funding target for retired participants and beneficiaries receiving payment2020-08-31696,909
Number of terminated vested participants2020-08-3115
Fundng target for terminated vested participants2020-08-31180,763
Active participant vested funding target2020-08-3142,416
Number of active participants2020-08-316
Total funding liabilities for active participants2020-08-3151,796
Total participant count2020-08-3134
Total funding target for all participants2020-08-31929,468
Balance at beginning of prior year after applicable adjustments2020-08-310
Prefunding balance at beginning of prior year after applicable adjustments2020-08-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-08-310
Prefunding balanced used to offset prior years funding requirement2020-08-310
Amount remaining of carryover balance2020-08-310
Amount remaining of prefunding balance2020-08-310
Present value of excess contributions2020-08-3187
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-08-3192
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-08-310
Reductions in caryover balances due to elections or deemed elections2020-08-310
Reductions in prefunding balances due to elections or deemed elections2020-08-310
Balance of carryovers at beginning of current year2020-08-310
Balance of prefunding at beginning of current year2020-08-310
Total employer contributions2020-08-3172,439
Total employee contributions2020-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-08-310
Contributions made to avoid restrictions adjusted to valuation date2020-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-08-3170,932
Unpaid minimum required contributions for all prior years2020-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-08-310
Remaining amount of unpaid minimum required contributions2020-08-310
Minimum required contributions for current year target normal cost2020-08-3151,000
Net shortfall amortization installment of oustanding balance2020-08-31137,436
Waiver amortization installment2020-08-310
Total funding amount beforereflecting carryover/prefunding balances2020-08-3170,865
Carryover balance elected to use to offset funding requirement2020-08-310
Prefunding balance elected to use to offset funding requirement2020-08-310
Additional cash requirement2020-08-3170,865
Contributions allocatedtoward minimum required contributions for current year2020-08-3170,932
Unpaid minimum required contributions for current year2020-08-310
Unpaid minimum required contributions for all years2020-08-310
2019: PENSION PLAN FOR EMPLOYEES OF EASTER SEALS, INC. 2019 401k membership
Market value of plan assets2019-08-31800,719
Acturial value of plan assets2019-08-31800,719
Funding target for retired participants and beneficiaries receiving payment2019-08-31690,159
Number of terminated vested participants2019-08-3123
Fundng target for terminated vested participants2019-08-31173,197
Active participant vested funding target2019-08-3141,014
Number of active participants2019-08-316
Total funding liabilities for active participants2019-08-3149,702
Total participant count2019-08-3142
Total funding target for all participants2019-08-31913,058
Balance at beginning of prior year after applicable adjustments2019-08-310
Prefunding balance at beginning of prior year after applicable adjustments2019-08-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-08-310
Prefunding balanced used to offset prior years funding requirement2019-08-310
Amount remaining of carryover balance2019-08-310
Amount remaining of prefunding balance2019-08-310
Present value of excess contributions2019-08-312,477
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-08-312,623
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-08-310
Reductions in caryover balances due to elections or deemed elections2019-08-310
Reductions in prefunding balances due to elections or deemed elections2019-08-310
Balance of carryovers at beginning of current year2019-08-310
Balance of prefunding at beginning of current year2019-08-310
Total employer contributions2019-08-3197,078
Total employee contributions2019-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-08-310
Contributions made to avoid restrictions adjusted to valuation date2019-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-08-3193,322
Unpaid minimum required contributions for all prior years2019-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-08-310
Remaining amount of unpaid minimum required contributions2019-08-310
Minimum required contributions for current year target normal cost2019-08-3165,000
Net shortfall amortization installment of oustanding balance2019-08-31112,339
Waiver amortization installment2019-08-310
Total funding amount beforereflecting carryover/prefunding balances2019-08-3193,235
Carryover balance elected to use to offset funding requirement2019-08-310
Prefunding balance elected to use to offset funding requirement2019-08-310
Additional cash requirement2019-08-3193,235
Contributions allocatedtoward minimum required contributions for current year2019-08-3193,322
Unpaid minimum required contributions for current year2019-08-310
Unpaid minimum required contributions for all years2019-08-310
2018: PENSION PLAN FOR EMPLOYEES OF EASTER SEALS, INC. 2018 401k membership
Market value of plan assets2018-08-31788,142
Acturial value of plan assets2018-08-31788,142
Funding target for retired participants and beneficiaries receiving payment2018-08-31556,731
Number of terminated vested participants2018-08-3124
Fundng target for terminated vested participants2018-08-31292,309
Active participant vested funding target2018-08-3143,730
Number of active participants2018-08-316
Total funding liabilities for active participants2018-08-3143,730
Total participant count2018-08-3142
Total funding target for all participants2018-08-31892,770
Balance at beginning of prior year after applicable adjustments2018-08-310
Prefunding balance at beginning of prior year after applicable adjustments2018-08-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-08-310
Prefunding balanced used to offset prior years funding requirement2018-08-310
Amount remaining of carryover balance2018-08-310
Amount remaining of prefunding balance2018-08-310
Present value of excess contributions2018-08-315,631
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-08-315,975
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-08-310
Reductions in caryover balances due to elections or deemed elections2018-08-310
Reductions in prefunding balances due to elections or deemed elections2018-08-310
Balance of carryovers at beginning of current year2018-08-310
Balance of prefunding at beginning of current year2018-08-310
Total employer contributions2018-08-3192,670
Total employee contributions2018-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-08-310
Contributions made to avoid restrictions adjusted to valuation date2018-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-08-3188,625
Unpaid minimum required contributions for all prior years2018-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-08-310
Remaining amount of unpaid minimum required contributions2018-08-310
Minimum required contributions for current year target normal cost2018-08-3162,500
Net shortfall amortization installment of oustanding balance2018-08-31104,628
Waiver amortization installment2018-08-310
Total funding amount beforereflecting carryover/prefunding balances2018-08-3186,148
Carryover balance elected to use to offset funding requirement2018-08-310
Prefunding balance elected to use to offset funding requirement2018-08-310
Additional cash requirement2018-08-3186,148
Contributions allocatedtoward minimum required contributions for current year2018-08-3188,625
Unpaid minimum required contributions for current year2018-08-310
Unpaid minimum required contributions for all years2018-08-310
2017: PENSION PLAN FOR EMPLOYEES OF EASTER SEALS, INC. 2017 401k membership
Market value of plan assets2017-08-31773,736
Acturial value of plan assets2017-08-31773,736
Funding target for retired participants and beneficiaries receiving payment2017-08-31576,434
Number of terminated vested participants2017-08-3124
Fundng target for terminated vested participants2017-08-31259,565
Active participant vested funding target2017-08-3140,162
Number of active participants2017-08-316
Total funding liabilities for active participants2017-08-3140,162
Total participant count2017-08-3142
Total funding target for all participants2017-08-31876,161
Balance at beginning of prior year after applicable adjustments2017-08-310
Prefunding balance at beginning of prior year after applicable adjustments2017-08-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-08-310
Prefunding balanced used to offset prior years funding requirement2017-08-310
Amount remaining of carryover balance2017-08-310
Amount remaining of prefunding balance2017-08-310
Present value of excess contributions2017-08-31493
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-08-31524
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-08-310
Reductions in caryover balances due to elections or deemed elections2017-08-310
Reductions in prefunding balances due to elections or deemed elections2017-08-310
Balance of carryovers at beginning of current year2017-08-310
Balance of prefunding at beginning of current year2017-08-310
Total employer contributions2017-08-3192,000
Total employee contributions2017-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-08-310
Contributions made to avoid restrictions adjusted to valuation date2017-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-08-3188,506
Liquidity shortfalls end of Q12017-08-310
Liquidity shortfalls end of Q22017-08-310
Liquidity shortfalls end of Q32017-08-310
Liquidity shortfalls end of Q42017-08-310
Unpaid minimum required contributions for all prior years2017-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-08-310
Remaining amount of unpaid minimum required contributions2017-08-310
Minimum required contributions for current year target normal cost2017-08-3172,000
Net shortfall amortization installment of oustanding balance2017-08-31102,425
Waiver amortization installment2017-08-310
Total funding amount beforereflecting carryover/prefunding balances2017-08-3182,878
Additional cash requirement2017-08-3182,878
Contributions allocatedtoward minimum required contributions for current year2017-08-3188,506
Unpaid minimum required contributions for current year2017-08-310
Unpaid minimum required contributions for all years2017-08-310

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