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J & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameJ & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN
Plan identification number 001

J & M AIRCRAFT, INC. DEFINED BENEFIT 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

J & M AIRCRAFT, INC. has sponsored the creation of one or more 401k plans.

Company Name:J & M AIRCRAFT, INC.
Employer identification number (EIN):952397361
NAIC Classification:336410

Additional information about J & M AIRCRAFT, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1965-01-28
Company Identification Number: 289254
Legal Registered Office Address: 7365 BIG CYPRESS CT

MIAMI LAKES

33014

More information about J & M AIRCRAFT, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan J & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-09-01
0012021-09-01
0012020-09-01
0012019-09-01
0012018-09-01
0012017-09-01
0012016-09-01
0012015-09-01
0012014-09-01LEO COHEN2015-11-09
0012013-09-01LEO COHEN2015-03-20
0012012-09-01LEO COHEN2014-04-18
0012011-09-01LEO COHEN2013-02-01
0012010-09-01LEO COHEN2012-05-07
0012008-09-01LEO COHEN2011-07-25

Plan Statistics for J & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for J & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2023: J & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN 2023 401k membership
Market value of plan assets2023-08-312,046,219
Acturial value of plan assets2023-08-312,046,219
Funding target for retired participants and beneficiaries receiving payment2023-08-310
Number of terminated vested participants2023-08-310
Fundng target for terminated vested participants2023-08-310
Active participant vested funding target2023-08-311,924,118
Number of active participants2023-08-315
Total funding liabilities for active participants2023-08-311,924,118
Total participant count2023-08-315
Total funding target for all participants2023-08-311,924,118
Balance at beginning of prior year after applicable adjustments2023-08-310
Prefunding balance at beginning of prior year after applicable adjustments2023-08-310
Carryover balanced portion elected for use to offset prior years funding requirement2023-08-310
Prefunding balanced used to offset prior years funding requirement2023-08-310
Amount remaining of carryover balance2023-08-310
Amount remaining of prefunding balance2023-08-310
Present value of excess contributions2023-08-31127,246
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2023-08-31133,977
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2023-08-310
Reductions in caryover balances due to elections or deemed elections2023-08-310
Reductions in prefunding balances due to elections or deemed elections2023-08-310
Balance of carryovers at beginning of current year2023-08-310
Balance of prefunding at beginning of current year2023-08-310
Total employer contributions2023-08-310
Total employee contributions2023-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2023-08-310
Contributions made to avoid restrictions adjusted to valuation date2023-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2023-08-310
Unpaid minimum required contributions for all prior years2023-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2023-08-310
Remaining amount of unpaid minimum required contributions2023-08-310
Minimum required contributions for current year target normal cost2023-08-316,425
Net shortfall amortization installment of oustanding balance2023-08-310
Waiver amortization installment2023-08-310
Total funding amount beforereflecting carryover/prefunding balances2023-08-310
Additional cash requirement2023-08-310
Contributions allocatedtoward minimum required contributions for current year2023-08-310
Unpaid minimum required contributions for current year2023-08-310
Unpaid minimum required contributions for all years2023-08-310
2022: J & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets2022-08-311,975,405
Acturial value of plan assets2022-08-311,976,405
Funding target for retired participants and beneficiaries receiving payment2022-08-310
Number of terminated vested participants2022-08-310
Fundng target for terminated vested participants2022-08-310
Active participant vested funding target2022-08-311,667,890
Number of active participants2022-08-314
Total funding liabilities for active participants2022-08-311,667,890
Total participant count2022-08-314
Total funding target for all participants2022-08-311,667,890
Balance at beginning of prior year after applicable adjustments2022-08-310
Prefunding balance at beginning of prior year after applicable adjustments2022-08-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-08-310
Prefunding balanced used to offset prior years funding requirement2022-08-310
Amount remaining of carryover balance2022-08-310
Amount remaining of prefunding balance2022-08-310
Present value of excess contributions2022-08-31188,623
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-08-31198,677
Reductions in caryover balances due to elections or deemed elections2022-08-310
Reductions in prefunding balances due to elections or deemed elections2022-08-310
Balance of carryovers at beginning of current year2022-08-310
Balance of prefunding at beginning of current year2022-08-310
Total employer contributions2022-08-31135,500
Total employee contributions2022-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-08-310
Contributions made to avoid restrictions adjusted to valuation date2022-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-08-31127,246
Unpaid minimum required contributions for all prior years2022-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-08-310
Remaining amount of unpaid minimum required contributions2022-08-310
Minimum required contributions for current year target normal cost2022-08-31162,073
Net shortfall amortization installment of oustanding balance2022-08-310
Waiver amortization installment2022-08-310
Total funding amount beforereflecting carryover/prefunding balances2022-08-310
Additional cash requirement2022-08-310
Contributions allocatedtoward minimum required contributions for current year2022-08-31127,246
Unpaid minimum required contributions for current year2022-08-310
Unpaid minimum required contributions for all years2022-08-310
2021: J & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets2021-08-311,826,819
Acturial value of plan assets2021-08-311,826,819
Funding target for retired participants and beneficiaries receiving payment2021-08-310
Number of terminated vested participants2021-08-311
Fundng target for terminated vested participants2021-08-31534
Active participant vested funding target2021-08-311,294,472
Number of active participants2021-08-315
Total funding liabilities for active participants2021-08-311,294,472
Total participant count2021-08-316
Total funding target for all participants2021-08-311,295,006
Balance at beginning of prior year after applicable adjustments2021-08-310
Prefunding balance at beginning of prior year after applicable adjustments2021-08-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-08-310
Prefunding balanced used to offset prior years funding requirement2021-08-310
Amount remaining of carryover balance2021-08-310
Amount remaining of prefunding balance2021-08-310
Present value of excess contributions2021-08-31124,924
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-08-31131,820
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-08-310
Reductions in caryover balances due to elections or deemed elections2021-08-310
Reductions in prefunding balances due to elections or deemed elections2021-08-310
Balance of carryovers at beginning of current year2021-08-310
Balance of prefunding at beginning of current year2021-08-310
Total employer contributions2021-08-31186,396
Total employee contributions2021-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-08-310
Contributions made to avoid restrictions adjusted to valuation date2021-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-08-31175,913
Unpaid minimum required contributions for all prior years2021-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-08-310
Remaining amount of unpaid minimum required contributions2021-08-310
Minimum required contributions for current year target normal cost2021-08-31121,674
Net shortfall amortization installment of oustanding balance2021-08-310
Waiver amortization installment2021-08-310
Total funding amount beforereflecting carryover/prefunding balances2021-08-310
Carryover balance elected to use to offset funding requirement2021-08-310
Prefunding balance elected to use to offset funding requirement2021-08-310
Additional cash requirement2021-08-310
Contributions allocatedtoward minimum required contributions for current year2021-08-31175,913
Unpaid minimum required contributions for current year2021-08-310
Unpaid minimum required contributions for all years2021-08-310
2020: J & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets2020-08-311,309,274
Acturial value of plan assets2020-08-311,309,274
Funding target for retired participants and beneficiaries receiving payment2020-08-310
Number of terminated vested participants2020-08-312
Fundng target for terminated vested participants2020-08-317,608
Active participant vested funding target2020-08-311,089,568
Number of active participants2020-08-315
Total funding liabilities for active participants2020-08-311,089,568
Total participant count2020-08-317
Total funding target for all participants2020-08-311,097,176
Balance at beginning of prior year after applicable adjustments2020-08-310
Prefunding balance at beginning of prior year after applicable adjustments2020-08-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-08-310
Prefunding balanced used to offset prior years funding requirement2020-08-310
Amount remaining of carryover balance2020-08-310
Amount remaining of prefunding balance2020-08-310
Present value of excess contributions2020-08-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-08-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-08-310
Reductions in caryover balances due to elections or deemed elections2020-08-310
Reductions in prefunding balances due to elections or deemed elections2020-08-310
Balance of carryovers at beginning of current year2020-08-310
Balance of prefunding at beginning of current year2020-08-310
Total employer contributions2020-08-31133,578
Total employee contributions2020-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-08-310
Contributions made to avoid restrictions adjusted to valuation date2020-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-08-31124,924
Unpaid minimum required contributions for all prior years2020-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-08-310
Remaining amount of unpaid minimum required contributions2020-08-310
Minimum required contributions for current year target normal cost2020-08-31112,958
Net shortfall amortization installment of oustanding balance2020-08-310
Waiver amortization installment2020-08-310
Total funding amount beforereflecting carryover/prefunding balances2020-08-310
Additional cash requirement2020-08-310
Contributions allocatedtoward minimum required contributions for current year2020-08-31124,924
Unpaid minimum required contributions for current year2020-08-310
Unpaid minimum required contributions for all years2020-08-310
2019: J & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets2019-08-311,410,999
Acturial value of plan assets2019-08-311,410,999
Funding target for retired participants and beneficiaries receiving payment2019-08-310
Number of terminated vested participants2019-08-311
Fundng target for terminated vested participants2019-08-3126,330
Active participant vested funding target2019-08-31902,143
Number of active participants2019-08-315
Total funding liabilities for active participants2019-08-31902,143
Total participant count2019-08-316
Total funding target for all participants2019-08-31928,473
Balance at beginning of prior year after applicable adjustments2019-08-310
Prefunding balance at beginning of prior year after applicable adjustments2019-08-310
Amount remaining of carryover balance2019-08-310
Amount remaining of prefunding balance2019-08-310
Present value of excess contributions2019-08-3196,002
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-08-31101,724
Balance of carryovers at beginning of current year2019-08-310
Balance of prefunding at beginning of current year2019-08-310
Total employer contributions2019-08-31200,000
Total employee contributions2019-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-08-310
Contributions made to avoid restrictions adjusted to valuation date2019-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-08-31188,395
Unpaid minimum required contributions for all prior years2019-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-08-310
Remaining amount of unpaid minimum required contributions2019-08-310
Minimum required contributions for current year target normal cost2019-08-31104,679
Net shortfall amortization installment of oustanding balance2019-08-310
Waiver amortization installment2019-08-310
Total funding amount beforereflecting carryover/prefunding balances2019-08-310
Additional cash requirement2019-08-310
Contributions allocatedtoward minimum required contributions for current year2019-08-31188,395
Unpaid minimum required contributions for current year2019-08-310
Unpaid minimum required contributions for all years2019-08-310
2018: J & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets2018-08-311,156,626
Acturial value of plan assets2018-08-311,156,626
Funding target for retired participants and beneficiaries receiving payment2018-08-310
Number of terminated vested participants2018-08-311
Fundng target for terminated vested participants2018-08-3123,611
Active participant vested funding target2018-08-31708,382
Number of active participants2018-08-315
Total funding liabilities for active participants2018-08-31708,382
Total participant count2018-08-316
Total funding target for all participants2018-08-31731,993
Balance at beginning of prior year after applicable adjustments2018-08-310
Prefunding balance at beginning of prior year after applicable adjustments2018-08-310
Amount remaining of carryover balance2018-08-310
Amount remaining of prefunding balance2018-08-310
Present value of excess contributions2018-08-3179,279
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-08-3184,171
Balance of carryovers at beginning of current year2018-08-310
Balance of prefunding at beginning of current year2018-08-310
Total employer contributions2018-08-31104,156
Total employee contributions2018-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-08-310
Contributions made to avoid restrictions adjusted to valuation date2018-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-08-3196,002
Unpaid minimum required contributions for all prior years2018-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-08-310
Remaining amount of unpaid minimum required contributions2018-08-310
Minimum required contributions for current year target normal cost2018-08-3192,603
Net shortfall amortization installment of oustanding balance2018-08-310
Waiver amortization installment2018-08-310
Total funding amount beforereflecting carryover/prefunding balances2018-08-310
Additional cash requirement2018-08-310
Contributions allocatedtoward minimum required contributions for current year2018-08-3196,002
Unpaid minimum required contributions for current year2018-08-310
Unpaid minimum required contributions for all years2018-08-310
2017: J & M AIRCRAFT, INC. DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets2017-08-31976,637
Acturial value of plan assets2017-08-31976,637
Funding target for retired participants and beneficiaries receiving payment2017-08-310
Number of terminated vested participants2017-08-311
Fundng target for terminated vested participants2017-08-3121,725
Active participant vested funding target2017-08-31563,402
Number of active participants2017-08-315
Total funding liabilities for active participants2017-08-31563,402
Total participant count2017-08-316
Total funding target for all participants2017-08-31585,127
Balance at beginning of prior year after applicable adjustments2017-08-310
Prefunding balance at beginning of prior year after applicable adjustments2017-08-310
Amount remaining of carryover balance2017-08-310
Amount remaining of prefunding balance2017-08-310
Present value of excess contributions2017-08-31283,326
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-08-31301,374
Balance of carryovers at beginning of current year2017-08-310
Balance of prefunding at beginning of current year2017-08-310
Total employer contributions2017-08-3184,046
Total employee contributions2017-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-08-310
Contributions made to avoid restrictions adjusted to valuation date2017-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-08-3179,279
Unpaid minimum required contributions for all prior years2017-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-08-310
Remaining amount of unpaid minimum required contributions2017-08-310
Minimum required contributions for current year target normal cost2017-08-3184,912
Net shortfall amortization installment of oustanding balance2017-08-310
Waiver amortization installment2017-08-310
Waived amount of outstanding balance2017-08-310
Total funding amount beforereflecting carryover/prefunding balances2017-08-310
Additional cash requirement2017-08-310
Contributions allocatedtoward minimum required contributions for current year2017-08-3179,279
Unpaid minimum required contributions for current year2017-08-310
Unpaid minimum required contributions for all years2017-08-310

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