FIRST HORIZON CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE COMMUNITY BANK EMPLOYEES' PENSION PLAN
| Measure | Date | Value |
|---|
| 2019: THE COMMUNITY BANK EMPLOYEES' PENSION PLAN 2019 401k membership |
|---|
| Market value of plan assets | 2019-09-30 | 1,366,968 |
| Acturial value of plan assets | 2019-09-30 | 1,366,968 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-09-30 | 608,356 |
| Number of terminated vested participants | 2019-09-30 | 27 |
| Fundng target for terminated vested participants | 2019-09-30 | 635,123 |
| Active participant vested funding target | 2019-09-30 | 16,231 |
| Number of active participants | 2019-09-30 | 5 |
| Total funding liabilities for active participants | 2019-09-30 | 16,231 |
| Total participant count | 2019-09-30 | 57 |
| Total funding target for all participants | 2019-09-30 | 1,259,710 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-09-30 | 273,516 |
| Amount remaining of carryover balance | 2019-09-30 | 0 |
| Amount remaining of prefunding balance | 2019-09-30 | 273,516 |
| Present value of excess contributions | 2019-09-30 | 40,142 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-09-30 | 42,414 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-09-30 | 259,074 |
| Balance of carryovers at beginning of current year | 2019-09-30 | 0 |
| Balance of prefunding at beginning of current year | 2019-09-30 | 0 |
| Total employer contributions | 2019-09-30 | 0 |
| Total employee contributions | 2019-09-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-09-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2019-09-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-09-30 | 0 |
| Minimum required contributions for current year target normal cost | 2019-09-30 | 42,000 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-09-30 | 0 |
| Additional cash requirement | 2019-09-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-09-30 | 0 |
| Unpaid minimum required contributions for current year | 2019-09-30 | 0 |
| Unpaid minimum required contributions for all years | 2019-09-30 | 0 |
| 2018: THE COMMUNITY BANK EMPLOYEES' PENSION PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-12-31 | 1,491,343 |
| Acturial value of plan assets | 2018-12-31 | 1,491,343 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 578,279 |
| Number of terminated vested participants | 2018-12-31 | 27 |
| Fundng target for terminated vested participants | 2018-12-31 | 554,390 |
| Active participant vested funding target | 2018-12-31 | 85,158 |
| Number of active participants | 2018-12-31 | 7 |
| Total funding liabilities for active participants | 2018-12-31 | 85,158 |
| Total participant count | 2018-12-31 | 57 |
| Total funding target for all participants | 2018-12-31 | 1,217,827 |
| Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 21,340 |
| 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 | 21,340 |
| 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 | 304,173 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 321,998 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 273,516 |
| Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2018-12-31 | 273,516 |
| Total employer contributions | 2018-12-31 | 52,584 |
| Total employee contributions | 2018-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 48,142 |
| Liquidity shortfalls end of Q1 | 2018-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2018-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2018-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2018-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2018-12-31 | 8,000 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 8,000 |
| Additional cash requirement | 2018-12-31 | 8,000 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 48,142 |
| Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
| 2017: THE COMMUNITY BANK EMPLOYEES' PENSION PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 1,013,949 |
| Acturial value of plan assets | 2017-12-31 | 1,013,949 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 543,682 |
| Number of terminated vested participants | 2017-12-31 | 25 |
| Fundng target for terminated vested participants | 2017-12-31 | 443,886 |
| Active participant vested funding target | 2017-12-31 | 132,684 |
| Number of active participants | 2017-12-31 | 10 |
| Total funding liabilities for active participants | 2017-12-31 | 132,684 |
| Total participant count | 2017-12-31 | 57 |
| Total funding target for all participants | 2017-12-31 | 1,120,252 |
| Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 63,836 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 44,113 |
| Amount remaining of carryover balance | 2017-12-31 | 19,723 |
| Amount remaining of prefunding balance | 2017-12-31 | 0 |
| Present value of excess contributions | 2017-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2017-12-31 | 21,340 |
| Balance of prefunding at beginning of current year | 2017-12-31 | 0 |
| Total employer contributions | 2017-12-31 | 344,000 |
| Total employee contributions | 2017-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 327,041 |
| Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 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 | 21,000 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 127,643 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 44,208 |
| Carryover balance elected to use to offset funding requirement | 2017-12-31 | 21,340 |
| Additional cash requirement | 2017-12-31 | 22,868 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 327,041 |
| Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-12-31 | 0 |