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PENSION PLAN FOR EMPLOYEES OF PACIFIC STEEL CASTING COMPANY 401k Plan overview

Plan NamePENSION PLAN FOR EMPLOYEES OF PACIFIC STEEL CASTING COMPANY
Plan identification number 002

PENSION PLAN FOR EMPLOYEES OF PACIFIC STEEL CASTING COMPANY Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • 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

PACIFIC STEEL CASTING COMPANY has sponsored the creation of one or more 401k plans.

Company Name:PACIFIC STEEL CASTING COMPANY
Employer identification number (EIN):941067684
NAIC Classification:331500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR EMPLOYEES OF PACIFIC STEEL CASTING COMPANY

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022017-04-01JERRY JOHNSON2018-09-21 JERRY JOHNSON2018-09-21
0022016-04-01JERRY JOHNSON2018-01-10 JERRY JOHNSON2018-01-10
0022015-04-01JERRY JOHNSON2017-01-17 JERRY JOHNSON2017-01-17
0022014-04-01ERIC WIKLENDT2016-01-15 ERIC WIKLENDT2016-01-15
0022013-04-01ERIC WIKLENDT2015-01-15 ERIC WIKLENDT2015-01-15
0022012-04-01KATIE DELSOL2013-09-18
0022011-04-01KATIE DELSOL2012-08-06
0022010-04-01KATIE DELSOL2011-07-18

Plan Statistics for PENSION PLAN FOR EMPLOYEES OF PACIFIC STEEL CASTING COMPANY

401k plan membership statisitcs for PENSION PLAN FOR EMPLOYEES OF PACIFIC STEEL CASTING COMPANY

Measure Date Value
2018: PENSION PLAN FOR EMPLOYEES OF PACIFIC STEEL CASTING COMPANY 2018 401k membership
Market value of plan assets2018-03-3110,459,906
Acturial value of plan assets2018-03-3110,459,906
Funding target for retired participants and beneficiaries receiving payment2018-03-319,145,942
Number of terminated vested participants2018-03-3132
Fundng target for terminated vested participants2018-03-312,338,292
Active participant vested funding target2018-03-31743,660
Number of active participants2018-03-316
Total funding liabilities for active participants2018-03-31743,660
Total participant count2018-03-3184
Total funding target for all participants2018-03-3112,227,894
Balance at beginning of prior year after applicable adjustments2018-03-310
Prefunding balance at beginning of prior year after applicable adjustments2018-03-312,804
Carryover balanced portion elected for use to offset prior years funding requirement2018-03-310
Prefunding balanced used to offset prior years funding requirement2018-03-312,804
Amount remaining of carryover balance2018-03-310
Amount remaining of prefunding balance2018-03-310
Present value of excess contributions2018-03-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-03-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-03-310
Reductions in caryover balances due to elections or deemed elections2018-03-310
Reductions in prefunding balances due to elections or deemed elections2018-03-310
Balance of carryovers at beginning of current year2018-03-310
Balance of prefunding at beginning of current year2018-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-03-310
Contributions made to avoid restrictions adjusted to valuation date2018-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-03-310
Liquidity shortfalls end of Q12018-03-310
Liquidity shortfalls end of Q22018-03-310
Liquidity shortfalls end of Q32018-03-310
Liquidity shortfalls end of Q42018-03-310
Unpaid minimum required contributions for all prior years2018-03-31577,591
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-03-310
Remaining amount of unpaid minimum required contributions2018-03-31577,591
Minimum required contributions for current year target normal cost2018-03-310
Net shortfall amortization installment of oustanding balance2018-03-311,767,988
Waiver amortization installment2018-03-310
Total funding amount beforereflecting carryover/prefunding balances2018-03-31537,357
Carryover balance elected to use to offset funding requirement2018-03-310
Prefunding balance elected to use to offset funding requirement2018-03-310
Additional cash requirement2018-03-31537,357
Contributions allocatedtoward minimum required contributions for current year2018-03-310
Unpaid minimum required contributions for current year2018-03-31537,357
Unpaid minimum required contributions for all years2018-03-311,114,948
2017: PENSION PLAN FOR EMPLOYEES OF PACIFIC STEEL CASTING COMPANY 2017 401k membership
Market value of plan assets2017-03-3110,244,332
Acturial value of plan assets2017-03-3110,244,332
Funding target for retired participants and beneficiaries receiving payment2017-03-319,417,293
Number of terminated vested participants2017-03-3135
Fundng target for terminated vested participants2017-03-312,555,130
Active participant vested funding target2017-03-31535,222
Number of active participants2017-03-315
Total funding liabilities for active participants2017-03-31535,222
Total participant count2017-03-3186
Total funding target for all participants2017-03-3112,507,645
Balance at beginning of prior year after applicable adjustments2017-03-310
Prefunding balance at beginning of prior year after applicable adjustments2017-03-312,856
Carryover balanced portion elected for use to offset prior years funding requirement2017-03-310
Prefunding balanced used to offset prior years funding requirement2017-03-310
Amount remaining of carryover balance2017-03-310
Amount remaining of prefunding balance2017-03-312,856
Present value of excess contributions2017-03-312,841
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-03-312,841
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-03-31100
Reductions in caryover balances due to elections or deemed elections2017-03-310
Reductions in prefunding balances due to elections or deemed elections2017-03-310
Balance of carryovers at beginning of current year2017-03-310
Balance of prefunding at beginning of current year2017-03-312,804
Contributions allocated toward unpaid minimum require contributions from prior years2017-03-310
Contributions made to avoid restrictions adjusted to valuation date2017-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-03-310
Liquidity shortfalls end of Q12017-03-310
Liquidity shortfalls end of Q22017-03-310
Liquidity shortfalls end of Q32017-03-310
Liquidity shortfalls end of Q42017-03-310
Unpaid minimum required contributions for all prior years2017-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-03-310
Remaining amount of unpaid minimum required contributions2017-03-310
Minimum required contributions for current year target normal cost2017-03-310
Net shortfall amortization installment of oustanding balance2017-03-312,266,284
Waiver amortization installment2017-03-310
Waived amount of outstanding balance2017-03-310
Total funding amount beforereflecting carryover/prefunding balances2017-03-31580,466
Carryover balance elected to use to offset funding requirement2017-03-310
Prefunding balance elected to use to offset funding requirement2017-03-312,875
Additional cash requirement2017-03-31577,591
Contributions allocatedtoward minimum required contributions for current year2017-03-310
Unpaid minimum required contributions for current year2017-03-31577,591
Unpaid minimum required contributions for all years2017-03-31577,591

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