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FINCOR HOLDINGS, INC. PENSION PLAN 401k Plan overview

Plan NameFINCOR HOLDINGS, INC. PENSION PLAN
Plan identification number 004

FINCOR HOLDINGS, INC. PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MEDICAL PROFESSIONAL MUTUAL INSURANCE COMPANY has sponsored the creation of one or more 401k plans.

Company Name:MEDICAL PROFESSIONAL MUTUAL INSURANCE COMPANY
Employer identification number (EIN):042595783
NAIC Classification:551112
NAIC Description:Offices of Other Holding Companies

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FINCOR HOLDINGS, INC. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042022-01-01
0042021-01-01
0042020-01-01
0042019-01-01
0042018-01-01

Plan Statistics for FINCOR HOLDINGS, INC. PENSION PLAN

401k plan membership statisitcs for FINCOR HOLDINGS, INC. PENSION PLAN

Measure Date Value
2022: FINCOR HOLDINGS, INC. PENSION PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-010
Total number of active participants reported on line 7a of the Form 55002022-01-010
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: FINCOR HOLDINGS, INC. PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-3124,009,761
Acturial value of plan assets2021-12-3124,009,761
Funding target for retired participants and beneficiaries receiving payment2021-12-319,953,307
Number of terminated vested participants2021-12-3136
Fundng target for terminated vested participants2021-12-312,103,560
Active participant vested funding target2021-12-312,537,348
Number of active participants2021-12-3148
Total funding liabilities for active participants2021-12-312,537,348
Total participant count2021-12-31152
Total funding target for all participants2021-12-3114,594,215
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-319,010,199
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-31453,583
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-318,556,616
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
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 year2021-12-319,994,127
Total employer contributions2021-12-310
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 date2021-12-310
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
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 cost2021-12-31450,000
Net shortfall amortization installment of oustanding balance2021-12-31578,581
Total funding amount beforereflecting carryover/prefunding balances2021-12-31503,948
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-31503,948
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-01152
Total number of active participants reported on line 7a of the Form 55002021-01-010
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: FINCOR HOLDINGS, INC. PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-3126,621,759
Acturial value of plan assets2020-12-3126,621,759
Funding target for retired participants and beneficiaries receiving payment2020-12-319,271,155
Number of terminated vested participants2020-12-3174
Fundng target for terminated vested participants2020-12-315,395,611
Active participant vested funding target2020-12-314,586,108
Number of active participants2020-12-3166
Total funding liabilities for active participants2020-12-314,586,108
Total participant count2020-12-31198
Total funding target for all participants2020-12-3119,252,874
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-317,093,908
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-31622,994
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-316,470,914
Present value of excess contributions2020-12-311,367,813
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-311,508,468
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-311,508,468
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 year2020-12-319,010,199
Total employer contributions2020-12-310
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 date2020-12-310
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 cost2020-12-310
Net shortfall amortization installment of oustanding balance2020-12-311,641,314
Total funding amount beforereflecting carryover/prefunding balances2020-12-31453,583
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-31453,583
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-01198
Total number of active participants reported on line 7a of the Form 55002020-01-0148
Number of retired or separated participants receiving benefits2020-01-0164
Number of other retired or separated participants entitled to future benefits2020-01-0133
Total of all active and inactive participants2020-01-01145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-017
Total participants2020-01-01152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: FINCOR HOLDINGS, INC. PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-3122,485,929
Acturial value of plan assets2019-12-3122,485,929
Funding target for retired participants and beneficiaries receiving payment2019-12-318,145,245
Number of terminated vested participants2019-12-3177
Fundng target for terminated vested participants2019-12-315,384,678
Active participant vested funding target2019-12-315,045,786
Number of active participants2019-12-3174
Total funding liabilities for active participants2019-12-315,045,786
Total participant count2019-12-31200
Total funding target for all participants2019-12-3118,575,709
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-317,235,314
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 balance2019-12-317,235,314
Present value of excess contributions2019-12-31105,055
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31111,106
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-31111,106
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 year2019-12-317,093,908
Total employer contributions2019-12-311,500,000
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 date2019-12-311,367,813
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
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 cost2019-12-310
Net shortfall amortization installment of oustanding balance2019-12-313,183,688
Total funding amount beforereflecting carryover/prefunding balances2019-12-31622,994
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-31622,994
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-311,367,813
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-01200
Total number of active participants reported on line 7a of the Form 55002019-01-0166
Number of retired or separated participants receiving benefits2019-01-0154
Number of other retired or separated participants entitled to future benefits2019-01-0172
Total of all active and inactive participants2019-01-01192
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-016
Total participants2019-01-01198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: FINCOR HOLDINGS, INC. PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-3123,190,001
Acturial value of plan assets2018-12-3123,190,001
Funding target for retired participants and beneficiaries receiving payment2018-12-318,190,719
Number of terminated vested participants2018-12-3178
Fundng target for terminated vested participants2018-12-314,933,793
Active participant vested funding target2018-12-314,840,858
Number of active participants2018-12-3177
Total funding liabilities for active participants2018-12-314,840,858
Total participant count2018-12-31202
Total funding target for all participants2018-12-3117,965,370
Balance at beginning of prior year after applicable adjustments2018-12-315,210
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31300,171
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-315,210
Prefunding balanced used to offset prior years funding requirement2018-12-31235,601
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-3164,570
Present value of excess contributions2018-12-316,753,495
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-317,164,455
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-317,164,455
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-317,235,314
Total employer contributions2018-12-31400,000
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 date2018-12-31394,272
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 cost2018-12-310
Net shortfall amortization installment of oustanding balance2018-12-311,370,886
Total funding amount beforereflecting carryover/prefunding balances2018-12-31289,217
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31289,217
Contributions allocatedtoward minimum required contributions for current year2018-12-31394,272
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-01202
Total number of active participants reported on line 7a of the Form 55002018-01-0174
Number of retired or separated participants receiving benefits2018-01-0145
Number of other retired or separated participants entitled to future benefits2018-01-0175
Total of all active and inactive participants2018-01-01194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-016
Total participants2018-01-01200
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

Financial Data on FINCOR HOLDINGS, INC. PENSION PLAN

Measure Date Value
2022 : FINCOR HOLDINGS, INC. PENSION PLAN 2022 401k financial data
Total income from all sources2022-07-22$0
Expenses. Total of all expenses incurred2022-07-22$1,568,901
Benefits paid (including direct rollovers)2022-07-22$1,568,901
Total plan assets at end of year2022-07-22$0
Total plan assets at beginning of year2022-07-22$1,568,901
Value of fidelity bond covering the plan2022-07-22$5,000,000
Net income (gross income less expenses)2022-07-22$-1,568,901
Net plan assets at end of year (total assets less liabilities)2022-07-22$0
Net plan assets at beginning of year (total assets less liabilities)2022-07-22$1,568,901
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2022-07-22$0
2021 : FINCOR HOLDINGS, INC. PENSION PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$147,175
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$-957,268
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$21,483,592
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$21,300,445
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$0
Value of total assets at end of year2021-12-31$1,716,076
Value of total assets at beginning of year2021-12-31$24,009,761
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$183,147
Total interest from all sources2021-12-31$7,337
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2021-12-31$0
Administrative expenses professional fees incurred2021-12-31$4,400
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$6,690
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$147,175
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$0
Administrative expenses (other) incurred2021-12-31$178,747
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-22,440,860
Value of net assets at end of year (total assets less liabilities)2021-12-31$1,568,901
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$24,009,761
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in common/collective trusts at end of year2021-12-31$1,709,386
Value of interest in common/collective trusts at beginning of year2021-12-31$24,009,761
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$7,337
Expenses. Payments to insurance carriers foe the provision of benefits2021-12-31$15,025,000
Net investment gain or loss from common/collective trusts2021-12-31$-964,605
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31Yes
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$6,275,445
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31PLANTE MORAN, PLLC
Accountancy firm EIN2021-12-31381357951
2020 : FINCOR HOLDINGS, INC. PENSION PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$4,154,172
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$6,822,307
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$6,822,307
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$0
Value of total assets at end of year2020-12-31$24,009,761
Value of total assets at beginning of year2020-12-31$26,677,896
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$0
Total interest from all sources2020-12-31$97
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-2,668,135
Value of net assets at end of year (total assets less liabilities)2020-12-31$24,009,761
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$26,677,896
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Interest earned on other investments2020-12-31$97
Value of interest in common/collective trusts at end of year2020-12-31$24,009,761
Value of interest in common/collective trusts at beginning of year2020-12-31$25,177,896
Net investment gain or loss from common/collective trusts2020-12-31$4,154,075
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31Yes
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$1,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$6,822,307
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31PLANTE MORAN, PLLC
Accountancy firm EIN2020-12-31381357951
2019 : FINCOR HOLDINGS, INC. PENSION PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$5,015,664
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$823,696
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$823,696
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,500,000
Value of total assets at end of year2019-12-31$26,677,896
Value of total assets at beginning of year2019-12-31$22,485,928
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$0
Total interest from all sources2019-12-31$506
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$372,407
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$372,407
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$5,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$50,754
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$4,191,968
Value of net assets at end of year (total assets less liabilities)2019-12-31$26,677,896
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$22,485,928
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$22,435,174
Interest earned on other investments2019-12-31$506
Value of interest in common/collective trusts at end of year2019-12-31$25,177,896
Value of interest in common/collective trusts at beginning of year2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,887,120
Net investment gain or loss from common/collective trusts2019-12-31$1,255,631
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$1,500,000
Employer contributions (assets) at end of year2019-12-31$1,500,000
Employer contributions (assets) at beginning of year2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$823,696
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31PLANTE MORAN, PLLC
Accountancy firm EIN2019-12-31381357951
2018 : FINCOR HOLDINGS, INC. PENSION PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$-234,291
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$763,168
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$763,168
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$400,000
Value of total assets at end of year2018-12-31$22,485,928
Value of total assets at beginning of year2018-12-31$23,483,387
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$0
Total interest from all sources2018-12-31$539
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$759,883
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$759,883
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$5,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$50,754
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$31,213
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-997,459
Value of net assets at end of year (total assets less liabilities)2018-12-31$22,485,928
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$23,483,387
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$22,435,174
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$15,952,174
Interest earned on other investments2018-12-31$539
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,394,713
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$400,000
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$7,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$763,168
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31PLANTE MORAN, PLLC
Accountancy firm EIN2018-12-31381357951

Form 5500 Responses for FINCOR HOLDINGS, INC. PENSION PLAN

2022: FINCOR HOLDINGS, INC. PENSION PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingYes
2022-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: FINCOR HOLDINGS, INC. PENSION PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: FINCOR HOLDINGS, INC. PENSION PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: FINCOR HOLDINGS, INC. PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: FINCOR HOLDINGS, INC. PENSION PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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