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Plan Name | ISC GROUP INC CASH BALANCE PLAN |
Plan identification number | 002 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
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Company Name: | ISC GROUP INC |
Employer identification number (EIN): | 752290811 |
NAIC Classification: | 523120 |
NAIC Description: | Securities Brokerage |
Additional information about ISC GROUP INC
Jurisdiction of Incorporation: | New York Department of State |
Incorporation Date: | 2015-01-23 |
Company Identification Number: | 4699759 |
Legal Registered Office Address: |
2521 STEINWAY STREET STE 2F ASTORIA United States of America (USA) 11103 |
More information about ISC GROUP INC
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2018-01-01 | SCOTT HAYES | 2020-09-01 | ||
002 | 2017-01-01 | SCOTT HAYES | 2018-10-10 | ||
002 | 2016-01-01 | SCOTT HAYES | 2017-10-10 | ||
002 | 2015-01-01 | SCOTT HAYES | 2016-10-10 | ||
002 | 2014-01-01 | SCOTT HAYES | 2015-10-06 | ||
002 | 2013-01-01 | SCOTT HAYES | 2014-10-14 |
Measure | Date | Value |
---|---|---|
2017: ISC GROUP INC CASH BALANCE PLAN 2017 401k membership | ||
Market value of plan assets | 2017-12-31 | 905,341 |
Acturial value of plan assets | 2017-12-31 | 905,341 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 0 |
Number of terminated vested participants | 2017-12-31 | 2 |
Fundng target for terminated vested participants | 2017-12-31 | 2,974 |
Active participant vested funding target | 2017-12-31 | 812,850 |
Number of active participants | 2017-12-31 | 14 |
Total funding liabilities for active participants | 2017-12-31 | 814,321 |
Total participant count | 2017-12-31 | 16 |
Total funding target for all participants | 2017-12-31 | 817,295 |
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 | 0 |
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 | 0 |
Present value of excess contributions | 2017-12-31 | 76,192 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 80,398 |
Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
Balance of prefunding at beginning of current year | 2017-12-31 | 0 |
Total employer contributions | 2017-12-31 | 113,291 |
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 | 107,440 |
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 | 181,938 |
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 | 93,892 |
Additional cash requirement | 2017-12-31 | 93,892 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 107,440 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
2016: ISC GROUP INC CASH BALANCE PLAN 2016 401k membership | ||
Market value of plan assets | 2016-12-31 | 666,160 |
Acturial value of plan assets | 2016-12-31 | 666,160 |
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 | 593,016 |
Number of active participants | 2016-12-31 | 15 |
Total funding liabilities for active participants | 2016-12-31 | 593,328 |
Total participant count | 2016-12-31 | 15 |
Total funding target for all participants | 2016-12-31 | 593,328 |
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 | 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 | 0 |
Amount remaining of prefunding balance | 2016-12-31 | 0 |
Present value of excess contributions | 2016-12-31 | 89,347 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 94,163 |
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 | 0 |
Total employer contributions | 2016-12-31 | 200,000 |
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 | 184,400 |
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 | 181,040 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 0 |
Waiver amortization installment | 2016-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 108,208 |
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 | 108,208 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 184,400 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |