401k Plan data: REAL ESTATE CLOSING SOLUTIONS, LLC CASH BALANCE PLAN plan

REAL ESTATE CLOSING SOLUTIONS, LLC CASH BALANCE PLAN 401k Plan overview

Plan Name	REAL ESTATE CLOSING SOLUTIONS, LLC CASH BALANCE PLAN
Plan identification number	002

REAL ESTATE CLOSING SOLUTIONS, LLC CASH BALANCE 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).
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

REAL ESTATE CLOSING SOLUTIONS, LLC has sponsored the creation of one or more 401k plans.

Company Name: REAL ESTATE CLOSING SOLUTIONS, LLC

Employer identification number (EIN): 800354247

NAIC Classification: 531390
NAIC Description: Other Activities Related to Real Estate

Additional information about REAL ESTATE CLOSING SOLUTIONS, LLC

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 2009-02-19

Company Identification Number: L09000016969

Legal Registered Office Address: 7917 SOUTH PARK PLACE

ORLANDO

32819

More information about REAL ESTATE CLOSING SOLUTIONS, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan REAL ESTATE CLOSING SOLUTIONS, LLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2018-01-01
002 2017-01-01
002 2016-01-01

Plan Statistics for REAL ESTATE CLOSING SOLUTIONS, LLC CASH BALANCE PLAN

401k plan membership statisitcs for REAL ESTATE CLOSING SOLUTIONS, LLC CASH BALANCE PLAN

Measure Date Value
2017: REAL ESTATE CLOSING SOLUTIONS, LLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 457,961
Acturial value of plan assets 2017-12-31 457,961
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 0
Fundng target for terminated vested participants 2017-12-31 0
Active participant vested funding target 2017-12-31 0
Number of active participants 2017-12-31 9
Total funding liabilities for active participants 2017-12-31 396,947
Total participant count 2017-12-31 9
Total funding target for all participants 2017-12-31 396,947
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
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 66,372
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 70,414
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 2017-12-31 494,794
Total employee contributions 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 469,611
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 402,356
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 341,342
Additional cash requirement 2017-12-31 341,342
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 469,611
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: REAL ESTATE CLOSING SOLUTIONS, LLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 0
Acturial value of plan assets 2016-12-31 0
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 0
Number of active participants 2016-12-31 9
Total funding liabilities for active participants 2016-12-31 0
Total participant count 2016-12-31 9
Total funding target for all participants 2016-12-31 0
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 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
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 2016-12-31 463,560
Total employee contributions 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 431,672
Unpaid minimum required contributions for all 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 2016-12-31 365,300
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 365,300
Additional cash requirement 2016-12-31 365,300
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 431,672
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
2017: REAL ESTATE CLOSING SOLUTIONS, LLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	457,961
Acturial value of plan assets	2017-12-31	457,961
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	0
Fundng target for terminated vested participants	2017-12-31	0
Active participant vested funding target	2017-12-31	0
Number of active participants	2017-12-31	9
Total funding liabilities for active participants	2017-12-31	396,947
Total participant count	2017-12-31	9
Total funding target for all participants	2017-12-31	396,947
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
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	66,372
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	70,414
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	494,794
Total employee contributions	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	469,611
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	402,356
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	341,342
Additional cash requirement	2017-12-31	341,342
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	469,611
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: REAL ESTATE CLOSING SOLUTIONS, LLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	0
Acturial value of plan assets	2016-12-31	0
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	0
Number of active participants	2016-12-31	9
Total funding liabilities for active participants	2016-12-31	0
Total participant count	2016-12-31	9
Total funding target for all participants	2016-12-31	0
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	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
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	463,560
Total employee contributions	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	431,672
Unpaid minimum required contributions for all 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	365,300
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	365,300
Additional cash requirement	2016-12-31	365,300
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	431,672
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	REAL ESTATE CLOSING SOLUTIONS, LLC
Employer identification number (EIN):	800354247
NAIC Classification:	531390
NAIC Description:	Other Activities Related to Real Estate

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	2009-02-19
Company Identification Number:	L09000016969
Legal Registered Office Address:	7917 SOUTH PARK PLACE ORLANDO 32819