401k Plan data: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN plan

MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 401k Plan overview

Plan Name	MICHAEL J. ROMANO CASH BALANCE PENSION PLAN
Plan identification number	003

MICHAEL J. ROMANO CASH BALANCE PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
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).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MICHAEL J. ROMANO has sponsored the creation of one or more 401k plans.

Company Name: MICHAEL J. ROMANO

Employer identification number (EIN): 651211543

NAIC Classification: 541110
NAIC Description: Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MICHAEL J. ROMANO CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2023-01-01
003 2022-01-01
003 2021-01-01
003 2020-01-01
003 2019-01-01
003 2018-01-01
003 2017-01-01 MICHAEL J. ROMANO 2018-10-09
003 2016-01-01 MICHAEL J. ROMANO 2017-10-10
003 2015-01-01 MICHAEL J. ROMANO 2016-10-03
003 2013-01-01 MICHAEL J. ROMANO 2014-10-03

Plan Statistics for MICHAEL J. ROMANO CASH BALANCE PENSION PLAN

401k plan membership statisitcs for MICHAEL J. ROMANO CASH BALANCE PENSION PLAN

Measure Date Value
2024: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-10-04 6
Total number of particpants at end of year 2024-10-04 6
2022: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2022 401k membership
Market value of plan assets 2022-12-31 1,384,849
Acturial value of plan assets 2022-12-31 1,384,849
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 2
Fundng target for terminated vested participants 2022-12-31 4,844
Active participant vested funding target 2022-12-31 1,270,287
Number of active participants 2022-12-31 4
Total funding liabilities for active participants 2022-12-31 1,270,287
Total participant count 2022-12-31 6
Total funding target for all participants 2022-12-31 1,275,131
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 5,671
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 4,974
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 697
Present value of excess contributions 2022-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
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 0
Balance of prefunding at beginning of current year 2022-12-31 838
Total employer contributions 2022-12-31 70,000
Total employee contributions 2022-12-31 0
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 64,484
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 25,826
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 64,484
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 1,156,252
Acturial value of plan assets 2021-12-31 1,156,252
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 2
Fundng target for terminated vested participants 2021-12-31 4,593
Active participant vested funding target 2021-12-31 1,207,545
Number of active participants 2021-12-31 4
Total funding liabilities for active participants 2021-12-31 1,207,545
Total participant count 2021-12-31 6
Total funding target for all participants 2021-12-31 1,212,138
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 5,837
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 2021-12-31 157
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 5,680
Present value of excess contributions 2021-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 0
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 0
Balance of prefunding at beginning of current year 2021-12-31 5,671
Total employer contributions 2021-12-31 23,000
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 20,227
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 19,461
Net shortfall amortization installment of oustanding balance 2021-12-31 61,557
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 25,201
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 4,974
Additional cash requirement 2021-12-31 20,227
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 20,227
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 1,133,334
Acturial value of plan assets 2020-12-31 1,133,334
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 1
Fundng target for terminated vested participants 2020-12-31 407
Active participant vested funding target 2020-12-31 1,134,631
Number of active participants 2020-12-31 5
Total funding liabilities for active participants 2020-12-31 1,134,791
Total participant count 2020-12-31 6
Total funding target for all participants 2020-12-31 1,135,198
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 4,971
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 0
Amount remaining of prefunding balance 2020-12-31 4,971
Present value of excess contributions 2020-12-31 36,405
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 37,810
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 0
Balance of prefunding at beginning of current year 2020-12-31 5,837
Total employer contributions 2020-12-31 40,000
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 35,523
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 31,969
Net shortfall amortization installment of oustanding balance 2020-12-31 7,701
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 35,680
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 157
Additional cash requirement 2020-12-31 35,523
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 35,523
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 878,111
Acturial value of plan assets 2019-12-31 878,111
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 1
Fundng target for terminated vested participants 2019-12-31 403
Active participant vested funding target 2019-12-31 998,111
Number of active participants 2019-12-31 5
Total funding liabilities for active participants 2019-12-31 998,111
Total participant count 2019-12-31 6
Total funding target for all participants 2019-12-31 998,514
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 5,388
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 0
Amount remaining of prefunding balance 2019-12-31 5,388
Present value of excess contributions 2019-12-31 45,621
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 48,148
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 0
Balance of prefunding at beginning of current year 2019-12-31 4,971
Total employer contributions 2019-12-31 120,000
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 2019-12-31 112,494
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 55,717
Net shortfall amortization installment of oustanding balance 2019-12-31 125,374
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 76,089
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 76,089
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 112,494
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 899,922
Acturial value of plan assets 2018-12-31 899,922
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 2018-12-31 358
Active participant vested funding target 2018-12-31 842,418
Number of active participants 2018-12-31 4
Total funding liabilities for active participants 2018-12-31 843,366
Total participant count 2018-12-31 5
Total funding target for all participants 2018-12-31 843,724
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 4,764
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 0
Amount remaining of prefunding balance 2018-12-31 4,764
Present value of excess contributions 2018-12-31 15,569
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 16,463
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 5,388
Total employer contributions 2018-12-31 50,000
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 45,621
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 48,552
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
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 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 45,621
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 697,417
Acturial value of plan assets 2017-12-31 697,417
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 1
Fundng target for terminated vested participants 2017-12-31 316
Active participant vested funding target 2017-12-31 631,893
Number of active participants 2017-12-31 4
Total funding liabilities for active participants 2017-12-31 631,893
Total participant count 2017-12-31 5
Total funding target for all participants 2017-12-31 632,209
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 4,327
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 4,327
Present value of excess contributions 2017-12-31 51,591
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 54,650
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 4,764
Total employer contributions 2017-12-31 130,401
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 2017-12-31 118,618
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 2017-12-31 163,493
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 103,049
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 2017-12-31 103,049
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 118,618
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 510,369
Acturial value of plan assets 2016-12-31 510,369
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 2016-12-31 438,293
Number of active participants 2016-12-31 4
Total funding liabilities for active participants 2016-12-31 439,273
Total participant count 2016-12-31 4
Total funding target for all participants 2016-12-31 439,273
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 4,760
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 4,760
Present value of excess contributions 2016-12-31 62,797
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 66,640
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 4,327
Total employer contributions 2016-12-31 150,000
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 2016-12-31 136,006
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 2016-12-31 151,184
Net shortfall amortization installment of oustanding balance 2016-12-31 0
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 84,415
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 84,415
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 136,006
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
2024: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-10-04	6
Total number of particpants at end of year	2024-10-04	6
2022: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2022 401k membership
Market value of plan assets	2022-12-31	1,384,849
Acturial value of plan assets	2022-12-31	1,384,849
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	2
Fundng target for terminated vested participants	2022-12-31	4,844
Active participant vested funding target	2022-12-31	1,270,287
Number of active participants	2022-12-31	4
Total funding liabilities for active participants	2022-12-31	1,270,287
Total participant count	2022-12-31	6
Total funding target for all participants	2022-12-31	1,275,131
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	5,671
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	4,974
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	697
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
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	0
Balance of prefunding at beginning of current year	2022-12-31	838
Total employer contributions	2022-12-31	70,000
Total employee contributions	2022-12-31	0
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	64,484
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	25,826
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	64,484
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	1,156,252
Acturial value of plan assets	2021-12-31	1,156,252
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	2
Fundng target for terminated vested participants	2021-12-31	4,593
Active participant vested funding target	2021-12-31	1,207,545
Number of active participants	2021-12-31	4
Total funding liabilities for active participants	2021-12-31	1,207,545
Total participant count	2021-12-31	6
Total funding target for all participants	2021-12-31	1,212,138
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	5,837
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	157
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	5,680
Present value of excess contributions	2021-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	0
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	0
Balance of prefunding at beginning of current year	2021-12-31	5,671
Total employer contributions	2021-12-31	23,000
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	20,227
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	19,461
Net shortfall amortization installment of oustanding balance	2021-12-31	61,557
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	25,201
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	4,974
Additional cash requirement	2021-12-31	20,227
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	20,227
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	1,133,334
Acturial value of plan assets	2020-12-31	1,133,334
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	1
Fundng target for terminated vested participants	2020-12-31	407
Active participant vested funding target	2020-12-31	1,134,631
Number of active participants	2020-12-31	5
Total funding liabilities for active participants	2020-12-31	1,134,791
Total participant count	2020-12-31	6
Total funding target for all participants	2020-12-31	1,135,198
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	4,971
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	0
Amount remaining of prefunding balance	2020-12-31	4,971
Present value of excess contributions	2020-12-31	36,405
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	37,810
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	0
Balance of prefunding at beginning of current year	2020-12-31	5,837
Total employer contributions	2020-12-31	40,000
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	35,523
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	31,969
Net shortfall amortization installment of oustanding balance	2020-12-31	7,701
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	35,680
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	157
Additional cash requirement	2020-12-31	35,523
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	35,523
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	878,111
Acturial value of plan assets	2019-12-31	878,111
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	1
Fundng target for terminated vested participants	2019-12-31	403
Active participant vested funding target	2019-12-31	998,111
Number of active participants	2019-12-31	5
Total funding liabilities for active participants	2019-12-31	998,111
Total participant count	2019-12-31	6
Total funding target for all participants	2019-12-31	998,514
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	5,388
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	0
Amount remaining of prefunding balance	2019-12-31	5,388
Present value of excess contributions	2019-12-31	45,621
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	48,148
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	0
Balance of prefunding at beginning of current year	2019-12-31	4,971
Total employer contributions	2019-12-31	120,000
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	112,494
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	55,717
Net shortfall amortization installment of oustanding balance	2019-12-31	125,374
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	76,089
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	76,089
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	112,494
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	899,922
Acturial value of plan assets	2018-12-31	899,922
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	358
Active participant vested funding target	2018-12-31	842,418
Number of active participants	2018-12-31	4
Total funding liabilities for active participants	2018-12-31	843,366
Total participant count	2018-12-31	5
Total funding target for all participants	2018-12-31	843,724
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	4,764
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	0
Amount remaining of prefunding balance	2018-12-31	4,764
Present value of excess contributions	2018-12-31	15,569
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	16,463
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	5,388
Total employer contributions	2018-12-31	50,000
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	45,621
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	48,552
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
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	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	45,621
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	697,417
Acturial value of plan assets	2017-12-31	697,417
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	1
Fundng target for terminated vested participants	2017-12-31	316
Active participant vested funding target	2017-12-31	631,893
Number of active participants	2017-12-31	4
Total funding liabilities for active participants	2017-12-31	631,893
Total participant count	2017-12-31	5
Total funding target for all participants	2017-12-31	632,209
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	4,327
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	4,327
Present value of excess contributions	2017-12-31	51,591
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	54,650
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	4,764
Total employer contributions	2017-12-31	130,401
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	118,618
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	163,493
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	103,049
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	103,049
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	118,618
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	510,369
Acturial value of plan assets	2016-12-31	510,369
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	438,293
Number of active participants	2016-12-31	4
Total funding liabilities for active participants	2016-12-31	439,273
Total participant count	2016-12-31	4
Total funding target for all participants	2016-12-31	439,273
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	4,760
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	4,760
Present value of excess contributions	2016-12-31	62,797
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	66,640
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	4,327
Total employer contributions	2016-12-31	150,000
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	136,006
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	151,184
Net shortfall amortization installment of oustanding balance	2016-12-31	0
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	84,415
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	84,415
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	136,006
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Financial Data on MICHAEL J. ROMANO CASH BALANCE PENSION PLAN

Measure	Date	Value
2024 : MICHAEL J. ROMANO CASH BALANCE PENSION PLAN 2024 401k financial data
Total transfers to/from plan in this plan year	2024-10-04	0
Total liabilities as of the end of the plan year	2024-10-04	0
Total liabilities as of the beginning of the plan year	2024-10-04	0
Total expenses incurred by plan in this plan year	2024-10-04	19445
Net assets as of the end of the plan year	2024-10-04	1479850
Total assets as of the beginning of the plan year	2024-10-04	1267140
Value of plan covered by a fidelity bond	2024-10-04	160000
Participant contributions to plan in this plan year	2024-10-04	0
Other expenses paid from plan in this plan year	2024-10-04	0
Other contributions to plan in this plan year	2024-10-04	0
Other income to plan in this plan year	2024-10-04	94493
Plan net income in this plan year	2024-10-04	212710
Net assets as of the end of the plan year	2024-10-04	1479850
Net assets as of the beginning of the plan year	2024-10-04	1267140
Employer contributions to plan in this plan year	2024-10-04	137662
Expensese paid to adminstrative service provicers from plan in this plan year	2024-10-04	19445

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Company Name:	MICHAEL J. ROMANO
Employer identification number (EIN):	651211543
NAIC Classification:	541110
NAIC Description:	Offices of Lawyers

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2023-01-01
003	2022-01-01
003	2021-01-01
003	2020-01-01
003	2019-01-01
003	2018-01-01
003	2017-01-01	MICHAEL J. ROMANO	2018-10-09
003	2016-01-01	MICHAEL J. ROMANO	2017-10-10
003	2015-01-01	MICHAEL J. ROMANO	2016-10-03
003	2013-01-01	MICHAEL J. ROMANO	2014-10-03