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Plan Name | NATIONAL CREDIT SERVICES DEFINED BENEFIT PLAN |
Plan identification number | 002 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
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Company Name: | NATIONAL CREDIT SERVICES, INC. |
Employer identification number (EIN): | 912076371 |
NAIC Classification: | 522298 |
NAIC Description: | All Other Nondepository Credit Intermediation |
Additional information about NATIONAL CREDIT SERVICES, INC.
Jurisdiction of Incorporation: | Washington Secretary of State Corporations Division |
Incorporation Date: | 2000-12-08 |
Company Identification Number: | 602083004 |
Legal Registered Office Address: |
2525 220TH ST SE STE 200 BOTHELL United States of America (USA) 980214440 |
More information about NATIONAL CREDIT SERVICES, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2019-01-01 | ||||
002 | 2018-01-01 | ||||
002 | 2017-01-01 | ||||
002 | 2016-01-01 | ||||
002 | 2015-01-01 | ||||
002 | 2014-01-01 | ||||
002 | 2013-01-01 |
Measure | Date | Value |
---|---|---|
2019: NATIONAL CREDIT SERVICES DEFINED BENEFIT PLAN 2019 401k membership | ||
Market value of plan assets | 2019-09-24 | 1,541,466 |
Acturial value of plan assets | 2019-09-24 | 1,541,466 |
Funding target for retired participants and beneficiaries receiving payment | 2019-09-24 | 0 |
Number of terminated vested participants | 2019-09-24 | 2 |
Fundng target for terminated vested participants | 2019-09-24 | 213 |
Active participant vested funding target | 2019-09-24 | 1,320,182 |
Number of active participants | 2019-09-24 | 1 |
Total funding liabilities for active participants | 2019-09-24 | 1,320,182 |
Total participant count | 2019-09-24 | 3 |
Total funding target for all participants | 2019-09-24 | 1,320,395 |
Balance at beginning of prior year after applicable adjustments | 2019-09-24 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-09-24 | 370,994 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-09-24 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-09-24 | 106,138 |
Amount remaining of carryover balance | 2019-09-24 | 0 |
Amount remaining of prefunding balance | 2019-09-24 | 264,856 |
Present value of excess contributions | 2019-09-24 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-09-24 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-09-24 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-09-24 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-09-24 | 253,467 |
Balance of carryovers at beginning of current year | 2019-09-24 | 0 |
Balance of prefunding at beginning of current year | 2019-09-24 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-09-24 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-09-24 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-09-24 | 0 |
Liquidity shortfalls end of Q1 | 2019-09-24 | 0 |
Liquidity shortfalls end of Q2 | 2019-09-24 | 0 |
Liquidity shortfalls end of Q3 | 2019-09-24 | 0 |
Liquidity shortfalls end of Q4 | 2019-09-24 | 0 |
Unpaid minimum required contributions for all prior years | 2019-09-24 | 18 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-09-24 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-09-24 | 18 |
Minimum required contributions for current year target normal cost | 2019-09-24 | 108,648 |
Net shortfall amortization installment of oustanding balance | 2019-09-24 | 0 |
Waiver amortization installment | 2019-09-24 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-09-24 | 0 |
Carryover balance elected to use to offset funding requirement | 2019-09-24 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-09-24 | 0 |
Additional cash requirement | 2019-09-24 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2019-09-24 | 0 |
Unpaid minimum required contributions for current year | 2019-09-24 | 0 |
Unpaid minimum required contributions for all years | 2019-09-24 | 18 |
2018: NATIONAL CREDIT SERVICES DEFINED BENEFIT PLAN 2018 401k membership | ||
Market value of plan assets | 2018-12-31 | 1,476,041 |
Acturial value of plan assets | 2018-12-31 | 1,476,041 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 0 |
Number of terminated vested participants | 2018-12-31 | 21 |
Fundng target for terminated vested participants | 2018-12-31 | 196 |
Active participant vested funding target | 2018-12-31 | 1,236,946 |
Number of active participants | 2018-12-31 | 45 |
Total funding liabilities for active participants | 2018-12-31 | 1,236,946 |
Total participant count | 2018-12-31 | 66 |
Total funding target for all participants | 2018-12-31 | 1,237,142 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 611,017 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 261,682 |
Amount remaining of carryover balance | 2018-12-31 | 0 |
Amount remaining of prefunding balance | 2018-12-31 | 349,335 |
Present value of excess contributions | 2018-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
Balance of prefunding at beginning of current year | 2018-12-31 | 370,994 |
Total employer contributions | 2018-12-31 | 18,483 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 17,968 |
Liquidity shortfalls end of Q1 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2018-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2018-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 100,670 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 152,536 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 129,954 |
Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 111,986 |
Additional cash requirement | 2018-12-31 | 17,968 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 17,968 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
2017: NATIONAL CREDIT SERVICES DEFINED BENEFIT PLAN 2017 401k membership | ||
Market value of plan assets | 2017-12-31 | 1,542,329 |
Acturial value of plan assets | 2017-12-31 | 1,542,329 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 0 |
Number of terminated vested participants | 2017-12-31 | 9 |
Fundng target for terminated vested participants | 2017-12-31 | 172 |
Active participant vested funding target | 2017-12-31 | 948,159 |
Number of active participants | 2017-12-31 | 35 |
Total funding liabilities for active participants | 2017-12-31 | 948,159 |
Total participant count | 2017-12-31 | 44 |
Total funding target for all participants | 2017-12-31 | 948,331 |
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 | 397,705 |
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 | 397,705 |
Present value of excess contributions | 2017-12-31 | 202,136 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 202,136 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 202,136 |
Reductions in caryover balances due to elections or deemed elections | 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 | 611,017 |
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 |
Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q4 | 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 | 265,258 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 51,786 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 276,572 |
Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 276,572 |
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: NATIONAL CREDIT SERVICES DEFINED BENEFIT PLAN 2016 401k membership | ||
Market value of plan assets | 2016-12-31 | 1,020,119 |
Acturial value of plan assets | 2016-12-31 | 1,020,119 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 0 |
Number of terminated vested participants | 2016-12-31 | 2 |
Fundng target for terminated vested participants | 2016-12-31 | 144 |
Active participant vested funding target | 2016-12-31 | 658,360 |
Number of active participants | 2016-12-31 | 31 |
Total funding liabilities for active participants | 2016-12-31 | 658,360 |
Total participant count | 2016-12-31 | 33 |
Total funding target for all participants | 2016-12-31 | 658,504 |
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 | 204,555 |
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 | 204,555 |
Present value of excess contributions | 2016-12-31 | 201,128 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 201,128 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 201,128 |
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 | 397,705 |
Total employer contributions | 2016-12-31 | 450,624 |
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 | 432,831 |
Liquidity shortfalls end of Q1 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2016-12-31 | 0 |
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 | 219,467 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 59,594 |
Waiver amortization installment | 2016-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 230,695 |
Additional cash requirement | 2016-12-31 | 230,695 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 432,831 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |