BANK OF WIGGINS has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022: BANK OF WIGGINS PENSION PLAN 2022 401k membership |
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Market value of plan assets | 2022-12-31 | 7,097,385 |
Acturial value of plan assets | 2022-12-31 | 6,849,170 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 4,143,927 |
Number of terminated vested participants | 2022-12-31 | 3 |
Fundng target for terminated vested participants | 2022-12-31 | 45,281 |
Active participant vested funding target | 2022-12-31 | 2,661,307 |
Number of active participants | 2022-12-31 | 35 |
Total funding liabilities for active participants | 2022-12-31 | 2,748,583 |
Total participant count | 2022-12-31 | 58 |
Total funding target for all participants | 2022-12-31 | 6,937,791 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 912 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
Amount remaining of carryover balance | 2022-12-31 | 912 |
Amount remaining of prefunding balance | 2022-12-31 | 0 |
Present value of excess contributions | 2022-12-31 | 91,573 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 96,664 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
Balance of carryovers at beginning of current year | 2022-12-31 | 1,012 |
Balance of prefunding at beginning of current year | 2022-12-31 | 0 |
Total employer contributions | 2022-12-31 | 393,852 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 375,611 |
Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 101,000 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 89,633 |
Waiver amortization installment | 2022-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 110,816 |
Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Additional cash requirement | 2022-12-31 | 110,816 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 375,611 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
2021: BANK OF WIGGINS PENSION PLAN 2021 401k membership |
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Market value of plan assets | 2021-12-31 | 6,669,992 |
Acturial value of plan assets | 2021-12-31 | 6,415,232 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 4,081,646 |
Number of terminated vested participants | 2021-12-31 | 2 |
Fundng target for terminated vested participants | 2021-12-31 | 41,368 |
Active participant vested funding target | 2021-12-31 | 2,547,127 |
Number of active participants | 2021-12-31 | 36 |
Total funding liabilities for active participants | 2021-12-31 | 2,652,191 |
Total participant count | 2021-12-31 | 57 |
Total funding target for all participants | 2021-12-31 | 6,775,205 |
Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 837 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
Amount remaining of carryover balance | 2021-12-31 | 837 |
Amount remaining of prefunding balance | 2021-12-31 | 0 |
Present value of excess contributions | 2021-12-31 | 223,343 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 235,314 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
Balance of carryovers at beginning of current year | 2021-12-31 | 912 |
Balance of prefunding at beginning of current year | 2021-12-31 | 0 |
Total employer contributions | 2021-12-31 | 185,245 |
Total employee contributions | 2021-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 179,222 |
Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 54,000 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 360,885 |
Waiver amortization installment | 2021-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 87,649 |
Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Additional cash requirement | 2021-12-31 | 87,649 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 179,222 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
2020: BANK OF WIGGINS PENSION PLAN 2020 401k membership |
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Market value of plan assets | 2020-12-31 | 6,084,605 |
Acturial value of plan assets | 2020-12-31 | 5,963,079 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 4,251,494 |
Number of terminated vested participants | 2020-12-31 | 2 |
Fundng target for terminated vested participants | 2020-12-31 | 102,609 |
Active participant vested funding target | 2020-12-31 | 2,452,931 |
Number of active participants | 2020-12-31 | 39 |
Total funding liabilities for active participants | 2020-12-31 | 2,464,047 |
Total participant count | 2020-12-31 | 59 |
Total funding target for all participants | 2020-12-31 | 6,818,150 |
Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 723 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 0 |
Amount remaining of carryover balance | 2020-12-31 | 723 |
Amount remaining of prefunding balance | 2020-12-31 | 0 |
Present value of excess contributions | 2020-12-31 | 1 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 1 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
Balance of carryovers at beginning of current year | 2020-12-31 | 837 |
Balance of prefunding at beginning of current year | 2020-12-31 | 0 |
Total employer contributions | 2020-12-31 | 320,151 |
Total employee contributions | 2020-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 317,836 |
Liquidity shortfalls end of Q1 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2020-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-12-31 | 22,000 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 855,908 |
Waiver amortization installment | 2020-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 184,351 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Additional cash requirement | 2020-12-31 | 184,351 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 317,836 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
2019: BANK OF WIGGINS PENSION PLAN 2019 401k membership |
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Market value of plan assets | 2019-12-31 | 5,806,515 |
Acturial value of plan assets | 2019-12-31 | 6,211,522 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 4,449,062 |
Number of terminated vested participants | 2019-12-31 | 19 |
Fundng target for terminated vested participants | 2019-12-31 | 407,416 |
Active participant vested funding target | 2019-12-31 | 2,260,414 |
Number of active participants | 2019-12-31 | 37 |
Total funding liabilities for active participants | 2019-12-31 | 2,364,929 |
Total participant count | 2019-12-31 | 81 |
Total funding target for all participants | 2019-12-31 | 7,221,407 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 765 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
Amount remaining of carryover balance | 2019-12-31 | 765 |
Amount remaining of prefunding balance | 2019-12-31 | 0 |
Present value of excess contributions | 2019-12-31 | 436 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 461 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
Balance of carryovers at beginning of current year | 2019-12-31 | 723 |
Balance of prefunding at beginning of current year | 2019-12-31 | 0 |
Total employer contributions | 2019-12-31 | 395,496 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 379,287 |
Liquidity shortfalls end of Q1 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2019-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 155,459 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 1,010,608 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 379,286 |
Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Additional cash requirement | 2019-12-31 | 379,286 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 379,287 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
2018: BANK OF WIGGINS PENSION PLAN 2018 401k membership |
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Market value of plan assets | 2018-12-31 | 6,307,470 |
Acturial value of plan assets | 2018-12-31 | 6,180,576 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 4,371,793 |
Number of terminated vested participants | 2018-12-31 | 16 |
Fundng target for terminated vested participants | 2018-12-31 | 299,247 |
Active participant vested funding target | 2018-12-31 | 2,021,272 |
Number of active participants | 2018-12-31 | 40 |
Total funding liabilities for active participants | 2018-12-31 | 2,125,269 |
Total participant count | 2018-12-31 | 81 |
Total funding target for all participants | 2018-12-31 | 6,796,309 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 692 |
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 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 0 |
Amount remaining of carryover balance | 2018-12-31 | 692 |
Amount remaining of prefunding balance | 2018-12-31 | 0 |
Present value of excess contributions | 2018-12-31 | 933 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 988 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 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 | 765 |
Balance of prefunding at beginning of current year | 2018-12-31 | 0 |
Total employer contributions | 2018-12-31 | 230,766 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
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 | 222,076 |
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 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 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 | 166,259 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 616,498 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 221,640 |
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 | 221,640 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 222,076 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
2017: BANK OF WIGGINS PENSION PLAN 2017 401k membership |
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Market value of plan assets | 2017-12-31 | 5,797,834 |
Acturial value of plan assets | 2017-12-31 | 5,992,658 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 4,221,568 |
Number of terminated vested participants | 2017-12-31 | 17 |
Fundng target for terminated vested participants | 2017-12-31 | 306,000 |
Active participant vested funding target | 2017-12-31 | 1,812,854 |
Number of active participants | 2017-12-31 | 39 |
Total funding liabilities for active participants | 2017-12-31 | 1,918,363 |
Total participant count | 2017-12-31 | 79 |
Total funding target for all participants | 2017-12-31 | 6,445,931 |
Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 657 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
Amount remaining of carryover balance | 2017-12-31 | 657 |
Amount remaining of prefunding balance | 2017-12-31 | 0 |
Present value of excess contributions | 2017-12-31 | 4,722 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 5,010 |
Balance of carryovers at beginning of current year | 2017-12-31 | 692 |
Balance of prefunding at beginning of current year | 2017-12-31 | 0 |
Total employer contributions | 2017-12-31 | 313,139 |
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 | 295,978 |
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 |
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 | 149,806 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 453,965 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 295,045 |
Additional cash requirement | 2017-12-31 | 295,045 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 295,978 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
2016: BANK OF WIGGINS PENSION PLAN 2016 401k membership |
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Market value of plan assets | 2016-12-31 | 5,674,003 |
Acturial value of plan assets | 2016-12-31 | 5,967,522 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 4,098,862 |
Number of terminated vested participants | 2016-12-31 | 15 |
Fundng target for terminated vested participants | 2016-12-31 | 276,269 |
Active participant vested funding target | 2016-12-31 | 1,670,136 |
Number of active participants | 2016-12-31 | 43 |
Total funding liabilities for active participants | 2016-12-31 | 1,788,180 |
Total participant count | 2016-12-31 | 80 |
Total funding target for all participants | 2016-12-31 | 6,163,311 |
Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 662 |
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 | 662 |
Amount remaining of prefunding balance | 2016-12-31 | 0 |
Present value of excess contributions | 2016-12-31 | 422 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 448 |
Balance of carryovers at beginning of current year | 2016-12-31 | 657 |
Balance of prefunding at beginning of current year | 2016-12-31 | 0 |
Total employer contributions | 2016-12-31 | 211,604 |
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 | 204,064 |
Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
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 | 126,576 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 196,446 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 199,342 |
Additional cash requirement | 2016-12-31 | 199,342 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 204,064 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |