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 |
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2019: THE COMMUNITY BANK EMPLOYEES' PENSION PLAN 2019 401k membership |
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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 |
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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 |
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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 |