401k Plan data: THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN plan

THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN 401k Plan overview

Plan Name	THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN
Plan identification number	002

THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related

401k Sponsoring company profile

MIAMI CORPORATION MANAGEMENT LLC has sponsored the creation of one or more 401k plans.

Company Name: MIAMI CORPORATION MANAGEMENT LLC

Employer identification number (EIN): 853862071

NAIC Classification: 541990
NAIC Description: All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01

Plan Statistics for THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN

401k plan membership statisitcs for THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN

Measure Date Value
2022: THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 27,883,362
Acturial value of plan assets 2022-12-31 26,649,337
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 10,291,990
Number of terminated vested participants 2022-12-31 4
Fundng target for terminated vested participants 2022-12-31 470,615
Active participant vested funding target 2022-12-31 11,424,633
Number of active participants 2022-12-31 45
Total funding liabilities for active participants 2022-12-31 11,593,861
Total participant count 2022-12-31 72
Total funding target for all participants 2022-12-31 22,356,466
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 0
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 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 0
Present value of excess contributions 2022-12-31 455,761
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 481,329
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 0
Total employer contributions 2022-12-31 750,000
Total employee contributions 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 2022-12-31 685,211
Unpaid minimum required contributions for all 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 2022-12-31 681,733
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
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 685,211
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
Total participants, beginning-of-year 2022-01-01 72
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 46
Number of retired or separated participants receiving benefits 2022-01-01 19
Number of other retired or separated participants entitled to future benefits 2022-01-01 4
Total of all active and inactive participants 2022-01-01 69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 4
Total participants 2022-01-01 73
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 25,289,731
Acturial value of plan assets 2021-12-31 23,779,037
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 8,357,526
Number of terminated vested participants 2021-12-31 3
Fundng target for terminated vested participants 2021-12-31 207,930
Active participant vested funding target 2021-12-31 11,996,173
Number of active participants 2021-12-31 48
Total funding liabilities for active participants 2021-12-31 12,180,880
Total participant count 2021-12-31 72
Total funding target for all participants 2021-12-31 20,746,336
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 0
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 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 685,644
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 722,737
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 0
Total employer contributions 2021-12-31 500,000
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 2021-12-31 455,761
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 2021-12-31 664,979
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
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 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 455,761
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
Total participants, beginning-of-year 2021-01-01 72
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 45
Number of retired or separated participants receiving benefits 2021-01-01 20
Number of other retired or separated participants entitled to future benefits 2021-01-01 4
Total of all active and inactive participants 2021-01-01 69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 3
Total participants 2021-01-01 72
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 3

Measure	Date	Value
2022: THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	27,883,362
Acturial value of plan assets	2022-12-31	26,649,337
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	10,291,990
Number of terminated vested participants	2022-12-31	4
Fundng target for terminated vested participants	2022-12-31	470,615
Active participant vested funding target	2022-12-31	11,424,633
Number of active participants	2022-12-31	45
Total funding liabilities for active participants	2022-12-31	11,593,861
Total participant count	2022-12-31	72
Total funding target for all participants	2022-12-31	22,356,466
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	0
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	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	455,761
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	481,329
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	0
Total employer contributions	2022-12-31	750,000
Total employee contributions	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	685,211
Unpaid minimum required contributions for all 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	681,733
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
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	685,211
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
Total participants, beginning-of-year	2022-01-01	72
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	46
Number of retired or separated participants receiving benefits	2022-01-01	19
Number of other retired or separated participants entitled to future benefits	2022-01-01	4
Total of all active and inactive participants	2022-01-01	69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	4
Total participants	2022-01-01	73
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	25,289,731
Acturial value of plan assets	2021-12-31	23,779,037
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	8,357,526
Number of terminated vested participants	2021-12-31	3
Fundng target for terminated vested participants	2021-12-31	207,930
Active participant vested funding target	2021-12-31	11,996,173
Number of active participants	2021-12-31	48
Total funding liabilities for active participants	2021-12-31	12,180,880
Total participant count	2021-12-31	72
Total funding target for all participants	2021-12-31	20,746,336
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	0
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	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	685,644
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	722,737
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	0
Total employer contributions	2021-12-31	500,000
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	455,761
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	664,979
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
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	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	455,761
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
Total participants, beginning-of-year	2021-01-01	72
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	45
Number of retired or separated participants receiving benefits	2021-01-01	20
Number of other retired or separated participants entitled to future benefits	2021-01-01	4
Total of all active and inactive participants	2021-01-01	69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	3
Total participants	2021-01-01	72
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	3

Financial Data on THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN

Measure	Date	Value
2022 : THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$-3,204,314
Expenses. Total of all expenses incurred	2022-12-31	$1,706,343
Benefits paid (including direct rollovers)	2022-12-31	$1,706,343
Total plan assets at end of year	2022-12-31	$22,991,376
Total plan assets at beginning of year	2022-12-31	$27,902,033
Value of fidelity bond covering the plan	2022-12-31	$5,000,000
Other income received	2022-12-31	$-3,954,314
Net income (gross income less expenses)	2022-12-31	$-4,910,657
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$22,991,376
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$27,902,033
Total contributions received or receivable from employer(s)	2022-12-31	$750,000
2021 : THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$3,373,348
Expenses. Total of all expenses incurred	2021-12-31	$788,309
Benefits paid (including direct rollovers)	2021-12-31	$788,309
Total plan assets at end of year	2021-12-31	$27,902,033
Total plan assets at beginning of year	2021-12-31	$25,316,994
Value of fidelity bond covering the plan	2021-12-31	$5,000,000
Other income received	2021-12-31	$2,873,348
Net income (gross income less expenses)	2021-12-31	$2,585,039
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$27,902,033
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$25,316,994
Total contributions received or receivable from employer(s)	2021-12-31	$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0

Form 5500 Responses for THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN

2022: THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: THE MIAMI CORPORATION MANAGEMENT, LLC RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MIAMI CORPORATION MANAGEMENT LLC
Employer identification number (EIN):	853862071
NAIC Classification:	541990
NAIC Description:	All Other Professional, Scientific, and Technical Services