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LAW OFFICE OF BRIAN D. HEADY CASH BALANCE PENSION PLAN 401k Plan overview

Plan NameLAW OFFICE OF BRIAN D. HEADY CASH BALANCE PENSION PLAN
Plan identification number 002

LAW OFFICE OF BRIAN D. HEADY CASH BALANCE PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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

LAW OFFICE OF BRIAN D. HEADY has sponsored the creation of one or more 401k plans.

Company Name:LAW OFFICE OF BRIAN D. HEADY
Employer identification number (EIN):831018395
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAW OFFICE OF BRIAN D. HEADY CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-01-01
0022020-01-01

Plan Statistics for LAW OFFICE OF BRIAN D. HEADY CASH BALANCE PENSION PLAN

401k plan membership statisitcs for LAW OFFICE OF BRIAN D. HEADY CASH BALANCE PENSION PLAN

Measure Date Value
2021: LAW OFFICE OF BRIAN D. HEADY CASH BALANCE PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-31153,177
Acturial value of plan assets2021-12-31153,177
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-310
Fundng target for terminated vested participants2021-12-310
Active participant vested funding target2021-12-31279,199
Number of active participants2021-12-312
Total funding liabilities for active participants2021-12-31290,406
Total participant count2021-12-312
Total funding target for all participants2021-12-31290,406
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-311,371
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-311,421
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-3150,000
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-3144,613
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-3117,357
Net shortfall amortization installment of oustanding balance2021-12-31137,229
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3130,152
Additional cash requirement2021-12-3130,152
Contributions allocatedtoward minimum required contributions for current year2021-12-3144,613
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: LAW OFFICE OF BRIAN D. HEADY CASH BALANCE PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-3161,381
Acturial value of plan assets2020-12-3161,381
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-31181,774
Number of active participants2020-12-312
Total funding liabilities for active participants2020-12-31181,774
Total participant count2020-12-312
Total funding target for all participants2020-12-31181,774
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-3122,919
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3123,776
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-3189,375
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-3183,840
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-3162,405
Net shortfall amortization installment of oustanding balance2020-12-31120,393
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3182,469
Additional cash requirement2020-12-3182,469
Contributions allocatedtoward minimum required contributions for current year2020-12-3183,840
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310

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