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LAW OFFICES OF C. JOE SAYAS, JR. DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameLAW OFFICES OF C. JOE SAYAS, JR. DEFINED BENEFIT PENSION PLAN
Plan identification number 002

LAW OFFICES OF C. JOE SAYAS, JR. 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

LAW OFFICES OF C. JOE SAYAS, JR. has sponsored the creation of one or more 401k plans.

Company Name:LAW OFFICES OF C. JOE SAYAS, JR.
Employer identification number (EIN):954394755
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAW OFFICES OF C. JOE SAYAS, JR. DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-01-01
0022020-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01C. JOE SAYAS, JR.2015-09-30
0022013-01-01C. JOE SAYAS, JR.2014-10-03
0022012-01-01C. JOE SAYAS, JR.2013-10-09
0022011-01-01C. JOE SAYAS, JR.2012-10-08
0022010-01-01C. JOE SAYAS, JR.2011-10-03

Plan Statistics for LAW OFFICES OF C. JOE SAYAS, JR. DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for LAW OFFICES OF C. JOE SAYAS, JR. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2020: LAW OFFICES OF C. JOE SAYAS, JR. DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-313,526,896
Acturial value of plan assets2020-12-313,526,896
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-312,805,677
Number of active participants2020-12-313
Total funding liabilities for active participants2020-12-312,805,677
Total participant count2020-12-313
Total funding target for all participants2020-12-312,805,677
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31326,048
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-3148,633
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31277,415
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31325,491
Total employer contributions2020-12-3133,000
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-3132,286
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-3119,747
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-3132,286
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: LAW OFFICES OF C. JOE SAYAS, JR. DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-313,074,301
Acturial value of plan assets2019-12-313,072,461
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-311
Fundng target for terminated vested participants2019-12-3150,977
Active participant vested funding target2019-12-312,701,343
Number of active participants2019-12-313
Total funding liabilities for active participants2019-12-312,701,343
Total participant count2019-12-314
Total funding target for all participants2019-12-312,752,320
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31414,594
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-3160,309
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31354,285
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-31326,048
Total employer contributions2019-12-310
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3118,370
Net shortfall amortization installment of oustanding balance2019-12-315,907
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3148,633
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-3148,633
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: LAW OFFICES OF C. JOE SAYAS, JR. DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-312,965,433
Acturial value of plan assets2018-12-312,964,260
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-312,628,173
Number of active participants2018-12-314
Total funding liabilities for active participants2018-12-312,677,148
Total participant count2018-12-314
Total funding target for all participants2018-12-312,677,148
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31171,860
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-31171,860
Present value of excess contributions2018-12-31211,828
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31222,059
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-31222,059
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-31414,594
Total employer contributions2018-12-31368,080
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31352,285
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31266,096
Net shortfall amortization installment of oustanding balance2018-12-31125,482
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31322,730
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-31412,594
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-31352,285
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: LAW OFFICES OF C. JOE SAYAS, JR. DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-312,157,051
Acturial value of plan assets2017-12-312,156,036
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-312,172,530
Number of active participants2017-12-314
Total funding liabilities for active participants2017-12-312,204,636
Total participant count2017-12-314
Total funding target for all participants2017-12-312,204,636
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31303,554
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-31303,554
Present value of excess contributions2017-12-3186,889
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3191,199
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-3191,199
Reductions in prefunding balances due to elections or deemed elections2017-12-31238,860
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-31171,860
Total employer contributions2017-12-31552,885
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31528,068
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31252,979
Net shortfall amortization installment of oustanding balance2017-12-31220,460
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31316,240
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-31171,860
Additional cash requirement2017-12-31144,380
Contributions allocatedtoward minimum required contributions for current year2017-12-31528,068
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: LAW OFFICES OF C. JOE SAYAS, JR. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-311,719,740
Acturial value of plan assets2016-12-311,705,550
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-311
Fundng target for terminated vested participants2016-12-314,269
Active participant vested funding target2016-12-311,748,223
Number of active participants2016-12-313
Total funding liabilities for active participants2016-12-311,748,223
Total participant count2016-12-314
Total funding target for all participants2016-12-311,752,492
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31109,660
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-31109,660
Present value of excess contributions2016-12-31378,110
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31398,868
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-31398,868
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-31208,220
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-31303,554
Total employer contributions2016-12-31368,756
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31350,363
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31188,455
Net shortfall amortization installment of oustanding balance2016-12-31350,496
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31263,474
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-31263,474
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31350,363
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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