401k Plan data: THE TEAMWORK GROUP, INC. CASH BALANCE PLAN plan

THE TEAMWORK GROUP, INC. CASH BALANCE PLAN 401k Plan overview

Plan Name	THE TEAMWORK GROUP, INC. CASH BALANCE PLAN
Plan identification number	002

THE TEAMWORK GROUP, INC. 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).
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
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).
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 TEAMWORK GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name: THE TEAMWORK GROUP, INC.

Employer identification number (EIN): 911846498

NAIC Classification: 541511
NAIC Description: Custom Computer Programming Services

Additional information about THE TEAMWORK GROUP, INC.

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division

Incorporation Date: 1997-08-22

Company Identification Number: 601813068

Legal Registered Office Address: 2219 RIMLAND DR SUITE 301

BELLINGHAM
United States of America (USA)
982268759

More information about THE TEAMWORK GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE TEAMWORK GROUP, INC. 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
002 2015-01-01 MARK GRIMSHAW 2016-10-13
002 2014-01-01 CLARENCE P. MONTEIRO 2016-10-11
002 2014-01-01 CLARENCE P. MONTEIRO 2015-10-10
002 2013-01-01 CLARENCE P. MONTEIRO 2014-07-22
002 2012-01-01 CLARENCE P. MONTEIRO 2013-07-19
002 2011-01-01 JOYCE CALDWELL 2012-10-01
002 2010-01-01 JOYCE CALDWELL 2011-07-18 JOYCE CALDWELL 2011-07-18

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
002	2015-01-01	MARK GRIMSHAW	2016-10-13
002	2014-01-01	CLARENCE P. MONTEIRO	2016-10-11
002	2014-01-01	CLARENCE P. MONTEIRO	2015-10-10
002	2013-01-01	CLARENCE P. MONTEIRO	2014-07-22
002	2012-01-01	CLARENCE P. MONTEIRO	2013-07-19
002	2011-01-01	JOYCE CALDWELL	2012-10-01
002	2010-01-01	JOYCE CALDWELL	2011-07-18	JOYCE CALDWELL	2011-07-18

Plan Statistics for THE TEAMWORK GROUP, INC. CASH BALANCE PLAN

401k plan membership statisitcs for THE TEAMWORK GROUP, INC. CASH BALANCE PLAN

Measure Date Value
2017: THE TEAMWORK GROUP, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 2,265,006
Acturial value of plan assets 2017-12-31 2,265,006
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 1
Fundng target for terminated vested participants 2017-12-31 1,112
Active participant vested funding target 2017-12-31 2,204,495
Number of active participants 2017-12-31 3
Total funding liabilities for active participants 2017-12-31 2,204,495
Total participant count 2017-12-31 4
Total funding target for all participants 2017-12-31 2,205,607
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 4,888
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 4,888
Present value of excess contributions 2017-12-31 5,484
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 5,810
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 5,249
Total employer contributions 2017-12-31 0
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 0
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 0
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: THE TEAMWORK GROUP, INC. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 2,104,018
Acturial value of plan assets 2016-12-31 2,104,018
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 1
Fundng target for terminated vested participants 2016-12-31 916
Active participant vested funding target 2016-12-31 2,067,174
Number of active participants 2016-12-31 4
Total funding liabilities for active participants 2016-12-31 2,067,174
Total participant count 2016-12-31 5
Total funding target for all participants 2016-12-31 2,068,090
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 162,638
Prefunding balanced used to offset prior years funding requirement 2016-12-31 157,649
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 4,989
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
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 4,888
Total employer contributions 2016-12-31 6,000
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 5,484
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 1,185
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 5,484
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: THE TEAMWORK GROUP, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	2,265,006
Acturial value of plan assets	2017-12-31	2,265,006
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	1
Fundng target for terminated vested participants	2017-12-31	1,112
Active participant vested funding target	2017-12-31	2,204,495
Number of active participants	2017-12-31	3
Total funding liabilities for active participants	2017-12-31	2,204,495
Total participant count	2017-12-31	4
Total funding target for all participants	2017-12-31	2,205,607
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	4,888
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	4,888
Present value of excess contributions	2017-12-31	5,484
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	5,810
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	5,249
Total employer contributions	2017-12-31	0
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	0
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	0
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: THE TEAMWORK GROUP, INC. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	2,104,018
Acturial value of plan assets	2016-12-31	2,104,018
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	1
Fundng target for terminated vested participants	2016-12-31	916
Active participant vested funding target	2016-12-31	2,067,174
Number of active participants	2016-12-31	4
Total funding liabilities for active participants	2016-12-31	2,067,174
Total participant count	2016-12-31	5
Total funding target for all participants	2016-12-31	2,068,090
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	162,638
Prefunding balanced used to offset prior years funding requirement	2016-12-31	157,649
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	4,989
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
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	4,888
Total employer contributions	2016-12-31	6,000
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	5,484
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	1,185
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	5,484
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:	THE TEAMWORK GROUP, INC.
Employer identification number (EIN):	911846498
NAIC Classification:	541511
NAIC Description:	Custom Computer Programming Services

Jurisdiction of Incorporation:	Washington Secretary of State Corporations Division
Incorporation Date:	1997-08-22
Company Identification Number:	601813068
Legal Registered Office Address:	2219 RIMLAND DR SUITE 301 BELLINGHAM United States of America (USA) 982268759