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THE LAW OFFICES OF RYAN E LACKEY LLC CASH BALANCE PLAN 401k Plan overview

Plan NameTHE LAW OFFICES OF RYAN E LACKEY LLC CASH BALANCE PLAN
Plan identification number 002

THE LAW OFFICES OF RYAN E LACKEY LLC CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • 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).
  • Plan covering Self-Employed individuals.
  • 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

THE LAW OFFICES OF RYAN E LACKEY LLC has sponsored the creation of one or more 401k plans.

Company Name:THE LAW OFFICES OF RYAN E LACKEY LLC
Employer identification number (EIN):811185323
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE LAW OFFICES OF RYAN E LACKEY LLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01RYAN E. LACKEY2023-10-09

Plan Statistics for THE LAW OFFICES OF RYAN E LACKEY LLC CASH BALANCE PLAN

401k plan membership statisitcs for THE LAW OFFICES OF RYAN E LACKEY LLC CASH BALANCE PLAN

Measure Date Value
2022: THE LAW OFFICES OF RYAN E LACKEY LLC CASH BALANCE PLAN 2022 401k membership
Market value of plan assets2022-12-310
Acturial value of plan assets2022-12-310
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-310
Fundng target for terminated vested participants2022-12-310
Active participant vested funding target2022-12-310
Number of active participants2022-12-311
Total funding liabilities for active participants2022-12-310
Total participant count2022-12-311
Total funding target for all participants2022-12-310
Total employer contributions2022-12-31129,718
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-31124,105
Minimum required contributions for current year target normal cost2022-12-31100,663
Total funding amount beforereflecting carryover/prefunding balances2022-12-31100,663
Additional cash requirement2022-12-31100,663
Contributions allocatedtoward minimum required contributions for current year2022-12-31124,105
Unpaid minimum required contributions for all years2022-12-310

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