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PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC. 401k Plan overview

Plan NamePENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC.
Plan identification number 003

PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC. Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

HAWAII STEVEDORES, INC. has sponsored the creation of one or more 401k plans.

Company Name:HAWAII STEVEDORES, INC.
Employer identification number (EIN):990108338
NAIC Classification:488300
NAIC Description: Support Activities for Water Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01JAY BOWDEN2023-07-10
0032021-01-01JAY BOWDEN2022-09-21
0032020-01-01JAY BOWDEN2021-10-12
0032019-01-01JAY BOWDEN2020-10-15
0032019-01-01JAY BOWDEN2021-01-28
0032018-01-01JAY BOWDEN2019-10-10
0032017-01-01JAY BOWDEN2018-10-08
0032016-01-01GEORGE PASHA2017-10-16
0032015-01-01GEORGE PASHA2016-10-13

Plan Statistics for PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC.

401k plan membership statisitcs for PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC.

Measure Date Value
2022: PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC. 2022 401k membership
Market value of plan assets2022-12-3115,745,537
Acturial value of plan assets2022-12-3114,880,069
Funding target for retired participants and beneficiaries receiving payment2022-12-316,989,995
Number of terminated vested participants2022-12-314
Fundng target for terminated vested participants2022-12-311,426,031
Active participant vested funding target2022-12-316,626,528
Number of active participants2022-12-3125
Total funding liabilities for active participants2022-12-317,000,980
Total participant count2022-12-3144
Total funding target for all participants2022-12-3115,417,006
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31823,180
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-31155,590
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-31667,590
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-31751,907
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31395,449
Net shortfall amortization installment of oustanding balance2022-12-311,288,844
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-31547,904
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-31547,904
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC. 2021 401k membership
Market value of plan assets2021-12-3114,054,923
Acturial value of plan assets2021-12-3113,115,807
Funding target for retired participants and beneficiaries receiving payment2021-12-317,022,731
Number of terminated vested participants2021-12-312
Fundng target for terminated vested participants2021-12-31476,180
Active participant vested funding target2021-12-316,562,233
Number of active participants2021-12-3126
Total funding liabilities for active participants2021-12-317,091,570
Total participant count2021-12-3143
Total funding target for all participants2021-12-3114,590,481
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31375,345
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31375,345
Present value of excess contributions2021-12-31377,908
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31400,016
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-31400,016
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-31823,180
Total employer contributions2021-12-31480,856
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-31470,072
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31390,201
Net shortfall amortization installment of oustanding balance2021-12-312,297,854
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-31625,662
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-31155,590
Additional cash requirement2021-12-31470,072
Contributions allocatedtoward minimum required contributions for current year2021-12-31470,072
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC. 2020 401k membership
Market value of plan assets2020-12-3112,083,860
Acturial value of plan assets2020-12-3111,578,076
Funding target for retired participants and beneficiaries receiving payment2020-12-316,873,219
Number of terminated vested participants2020-12-313
Fundng target for terminated vested participants2020-12-31447,398
Active participant vested funding target2020-12-315,718,785
Number of active participants2020-12-3125
Total funding liabilities for active participants2020-12-316,208,767
Total participant count2020-12-3142
Total funding target for all participants2020-12-3113,529,384
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-31355,138
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31375,345
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-31375,345
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 year2020-12-31375,345
Total employer contributions2020-12-311,020,167
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 date2020-12-31958,424
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 cost2020-12-31351,813
Net shortfall amortization installment of oustanding balance2020-12-312,326,653
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31580,516
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-31580,516
Contributions allocatedtoward minimum required contributions for current year2020-12-31958,424
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC. 2019 401k membership
Market value of plan assets2019-12-319,640,470
Acturial value of plan assets2019-12-3110,138,081
Funding target for retired participants and beneficiaries receiving payment2019-12-315,131,394
Number of terminated vested participants2019-12-312
Fundng target for terminated vested participants2019-12-31444,233
Active participant vested funding target2019-12-316,520,181
Number of active participants2019-12-3127
Total funding liabilities for active participants2019-12-317,063,993
Total participant count2019-12-3141
Total funding target for all participants2019-12-3112,639,620
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-31718,223
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31760,526
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 year2019-12-310
Total employer contributions2019-12-31847,412
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 date2019-12-31817,198
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 cost2019-12-31404,616
Net shortfall amortization installment of oustanding balance2019-12-312,501,539
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31991,041
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31991,041
Contributions allocatedtoward minimum required contributions for current year2019-12-31817,198
Unpaid minimum required contributions for current year2019-12-31173,843
Unpaid minimum required contributions for all years2019-12-31173,843
2018: PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC. 2018 401k membership
Market value of plan assets2018-12-318,864,285
Acturial value of plan assets2018-12-318,444,264
Funding target for retired participants and beneficiaries receiving payment2018-12-313,546,319
Number of terminated vested participants2018-12-312
Fundng target for terminated vested participants2018-12-31431,190
Active participant vested funding target2018-12-315,989,250
Number of active participants2018-12-3129
Total funding liabilities for active participants2018-12-316,577,773
Total participant count2018-12-3141
Total funding target for all participants2018-12-3110,555,282
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
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 balance2018-12-310
Present value of excess contributions2018-12-31151,418
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31160,624
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
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 year2018-12-310
Total employer contributions2018-12-311,667,908
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 date2018-12-311,565,634
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 cost2018-12-31386,064
Net shortfall amortization installment of oustanding balance2018-12-312,111,018
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31847,411
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31847,411
Contributions allocatedtoward minimum required contributions for current year2018-12-311,565,634
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC. 2017 401k membership
Market value of plan assets2017-12-317,191,010
Acturial value of plan assets2017-12-317,331,391
Funding target for retired participants and beneficiaries receiving payment2017-12-313,437,570
Number of terminated vested participants2017-12-312
Fundng target for terminated vested participants2017-12-31388,952
Active participant vested funding target2017-12-314,863,465
Number of active participants2017-12-3129
Total funding liabilities for active participants2017-12-315,337,577
Total participant count2017-12-3140
Total funding target for all participants2017-12-319,164,099
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
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 balance2017-12-310
Present value of excess contributions2017-12-31218,093
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31231,789
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31882,279
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 date2017-12-31841,243
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 cost2017-12-31320,234
Net shortfall amortization installment of oustanding balance2017-12-311,832,708
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31689,825
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31689,825
Contributions allocatedtoward minimum required contributions for current year2017-12-31841,243
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: PENSION PLAN FOR MAINTENANCE SHOP AND CONTAINER YARD EMPLOYEES OF HAWAII TERMINALS, INC. 2016 401k membership
Market value of plan assets2016-12-316,017,302
Acturial value of plan assets2016-12-316,330,000
Funding target for retired participants and beneficiaries receiving payment2016-12-312,002,750
Number of terminated vested participants2016-12-312
Fundng target for terminated vested participants2016-12-31344,154
Active participant vested funding target2016-12-315,015,679
Number of active participants2016-12-3130
Total funding liabilities for active participants2016-12-315,507,104
Total participant count2016-12-3139
Total funding target for all participants2016-12-317,854,008
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
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 balance2016-12-310
Present value of excess contributions2016-12-31210,602
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31224,249
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31941,124
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 date2016-12-31869,030
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 cost2016-12-31366,456
Net shortfall amortization installment of oustanding balance2016-12-311,524,008
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31650,937
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31650,937
Contributions allocatedtoward minimum required contributions for current year2016-12-31869,030
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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