401k Plan data: TURNPIKE CAR WASH, INC. CASH BALANCE PLAN plan

TURNPIKE CAR WASH, INC. CASH BALANCE PLAN 401k Plan overview

Plan Name	TURNPIKE CAR WASH, INC. CASH BALANCE PLAN
Plan identification number	002

TURNPIKE CAR WASH, INC. CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
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).

401k Sponsoring company profile

TURNPIKE CAR WASH INC. has sponsored the creation of one or more 401k plans.

Company Name: TURNPIKE CAR WASH INC.

Employer identification number (EIN): 042750623

NAIC Classification: 811190

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TURNPIKE CAR WASH, INC. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2019-12-01 ROBERT KATSEFF 2020-07-29 ROBERT KATSEFF 2020-07-29
002 2018-12-01 ROBERT KATSEFF 2020-07-21 ROBERT KATSEFF 2020-07-21
002 2017-12-01 ROBERT KATSEFF 2019-08-30
002 2016-12-01 ROBERT KATSEFF 2018-09-13

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2019-12-01	ROBERT KATSEFF	2020-07-29	ROBERT KATSEFF	2020-07-29
002	2018-12-01	ROBERT KATSEFF	2020-07-21	ROBERT KATSEFF	2020-07-21
002	2017-12-01	ROBERT KATSEFF	2019-08-30
002	2016-12-01	ROBERT KATSEFF	2018-09-13

Plan Statistics for TURNPIKE CAR WASH, INC. CASH BALANCE PLAN

401k plan membership statisitcs for TURNPIKE CAR WASH, INC. CASH BALANCE PLAN

Measure Date Value
2019: TURNPIKE CAR WASH, INC. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets 2019-11-30 228,656
Acturial value of plan assets 2019-11-30 228,656
Funding target for retired participants and beneficiaries receiving payment 2019-11-30 0
Number of terminated vested participants 2019-11-30 0
Fundng target for terminated vested participants 2019-11-30 0
Active participant vested funding target 2019-11-30 0
Number of active participants 2019-11-30 5
Total funding liabilities for active participants 2019-11-30 230,961
Total participant count 2019-11-30 5
Total funding target for all participants 2019-11-30 230,961
Balance at beginning of prior year after applicable adjustments 2019-11-30 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-11-30 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-11-30 0
Prefunding balanced used to offset prior years funding requirement 2019-11-30 0
Amount remaining of carryover balance 2019-11-30 0
Amount remaining of prefunding balance 2019-11-30 0
Present value of excess contributions 2019-11-30 412
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-11-30 431
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-11-30 0
Reductions in caryover balances due to elections or deemed elections 2019-11-30 0
Reductions in prefunding balances due to elections or deemed elections 2019-11-30 0
Balance of carryovers at beginning of current year 2019-11-30 0
Balance of prefunding at beginning of current year 2019-11-30 0
Total employer contributions 2019-11-30 64,281
Total employee contributions 2019-11-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-11-30 0
Contributions made to avoid restrictions adjusted to valuation date 2019-11-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-11-30 60,761
Unpaid minimum required contributions for all prior years 2019-11-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-11-30 0
Remaining amount of unpaid minimum required contributions 2019-11-30 0
Minimum required contributions for current year target normal cost 2019-11-30 59,182
Net shortfall amortization installment of oustanding balance 2019-11-30 2,305
Waiver amortization installment 2019-11-30 0
Total funding amount beforereflecting carryover/prefunding balances 2019-11-30 59,558
Carryover balance elected to use to offset funding requirement 2019-11-30 0
Prefunding balance elected to use to offset funding requirement 2019-11-30 0
Additional cash requirement 2019-11-30 59,558
Contributions allocatedtoward minimum required contributions for current year 2019-11-30 60,761
Unpaid minimum required contributions for current year 2019-11-30 0
Unpaid minimum required contributions for all years 2019-11-30 0
2018: TURNPIKE CAR WASH, INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-11-30 170,165
Acturial value of plan assets 2018-11-30 170,165
Funding target for retired participants and beneficiaries receiving payment 2018-11-30 0
Number of terminated vested participants 2018-11-30 0
Fundng target for terminated vested participants 2018-11-30 0
Active participant vested funding target 2018-11-30 0
Number of active participants 2018-11-30 5
Total funding liabilities for active participants 2018-11-30 162,739
Total participant count 2018-11-30 5
Total funding target for all participants 2018-11-30 162,739
Balance at beginning of prior year after applicable adjustments 2018-11-30 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-11-30 0
Amount remaining of carryover balance 2018-11-30 0
Amount remaining of prefunding balance 2018-11-30 0
Present value of excess contributions 2018-11-30 16,701
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-11-30 17,706
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-11-30 0
Reductions in caryover balances due to elections or deemed elections 2018-11-30 0
Reductions in prefunding balances due to elections or deemed elections 2018-11-30 0
Balance of carryovers at beginning of current year 2018-11-30 0
Balance of prefunding at beginning of current year 2018-11-30 0
Total employer contributions 2018-11-30 56,869
Total employee contributions 2018-11-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-11-30 0
Contributions made to avoid restrictions adjusted to valuation date 2018-11-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-11-30 53,075
Unpaid minimum required contributions for all prior years 2018-11-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-11-30 0
Remaining amount of unpaid minimum required contributions 2018-11-30 0
Minimum required contributions for current year target normal cost 2018-11-30 60,089
Net shortfall amortization installment of oustanding balance 2018-11-30 0
Waiver amortization installment 2018-11-30 0
Total funding amount beforereflecting carryover/prefunding balances 2018-11-30 52,663
Additional cash requirement 2018-11-30 52,663
Contributions allocatedtoward minimum required contributions for current year 2018-11-30 53,075
Unpaid minimum required contributions for current year 2018-11-30 0
Unpaid minimum required contributions for all years 2018-11-30 0
2017: TURNPIKE CAR WASH, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-11-30 0
Acturial value of plan assets 2017-11-30 0
Funding target for retired participants and beneficiaries receiving payment 2017-11-30 0
Number of terminated vested participants 2017-11-30 0
Fundng target for terminated vested participants 2017-11-30 0
Active participant vested funding target 2017-11-30 0
Number of active participants 2017-11-30 5
Total funding liabilities for active participants 2017-11-30 0
Total participant count 2017-11-30 5
Total funding target for all participants 2017-11-30 0
Balance at beginning of prior year after applicable adjustments 2017-11-30 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-11-30 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-11-30 0
Prefunding balanced used to offset prior years funding requirement 2017-11-30 0
Amount remaining of carryover balance 2017-11-30 0
Amount remaining of prefunding balance 2017-11-30 0
Present value of excess contributions 2017-11-30 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-11-30 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-11-30 0
Reductions in caryover balances due to elections or deemed elections 2017-11-30 0
Reductions in prefunding balances due to elections or deemed elections 2017-11-30 0
Balance of carryovers at beginning of current year 2017-11-30 0
Balance of prefunding at beginning of current year 2017-11-30 0
Total employer contributions 2017-11-30 172,746
Total employee contributions 2017-11-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-11-30 0
Contributions made to avoid restrictions adjusted to valuation date 2017-11-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-11-30 160,503
Unpaid minimum required contributions for all prior years 2017-11-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-11-30 0
Remaining amount of unpaid minimum required contributions 2017-11-30 0
Minimum required contributions for current year target normal cost 2017-11-30 143,802
Net shortfall amortization installment of oustanding balance 2017-11-30 0
Waiver amortization installment 2017-11-30 0
Total funding amount beforereflecting carryover/prefunding balances 2017-11-30 143,802
Additional cash requirement 2017-11-30 143,802
Contributions allocatedtoward minimum required contributions for current year 2017-11-30 160,503
Unpaid minimum required contributions for current year 2017-11-30 0
Unpaid minimum required contributions for all years 2017-11-30 0

Measure	Date	Value
2019: TURNPIKE CAR WASH, INC. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-11-30	228,656
Acturial value of plan assets	2019-11-30	228,656
Funding target for retired participants and beneficiaries receiving payment	2019-11-30	0
Number of terminated vested participants	2019-11-30	0
Fundng target for terminated vested participants	2019-11-30	0
Active participant vested funding target	2019-11-30	0
Number of active participants	2019-11-30	5
Total funding liabilities for active participants	2019-11-30	230,961
Total participant count	2019-11-30	5
Total funding target for all participants	2019-11-30	230,961
Balance at beginning of prior year after applicable adjustments	2019-11-30	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-11-30	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-11-30	0
Prefunding balanced used to offset prior years funding requirement	2019-11-30	0
Amount remaining of carryover balance	2019-11-30	0
Amount remaining of prefunding balance	2019-11-30	0
Present value of excess contributions	2019-11-30	412
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-11-30	431
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-11-30	0
Reductions in caryover balances due to elections or deemed elections	2019-11-30	0
Reductions in prefunding balances due to elections or deemed elections	2019-11-30	0
Balance of carryovers at beginning of current year	2019-11-30	0
Balance of prefunding at beginning of current year	2019-11-30	0
Total employer contributions	2019-11-30	64,281
Total employee contributions	2019-11-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-11-30	0
Contributions made to avoid restrictions adjusted to valuation date	2019-11-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-11-30	60,761
Unpaid minimum required contributions for all prior years	2019-11-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-11-30	0
Remaining amount of unpaid minimum required contributions	2019-11-30	0
Minimum required contributions for current year target normal cost	2019-11-30	59,182
Net shortfall amortization installment of oustanding balance	2019-11-30	2,305
Waiver amortization installment	2019-11-30	0
Total funding amount beforereflecting carryover/prefunding balances	2019-11-30	59,558
Carryover balance elected to use to offset funding requirement	2019-11-30	0
Prefunding balance elected to use to offset funding requirement	2019-11-30	0
Additional cash requirement	2019-11-30	59,558
Contributions allocatedtoward minimum required contributions for current year	2019-11-30	60,761
Unpaid minimum required contributions for current year	2019-11-30	0
Unpaid minimum required contributions for all years	2019-11-30	0
2018: TURNPIKE CAR WASH, INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-11-30	170,165
Acturial value of plan assets	2018-11-30	170,165
Funding target for retired participants and beneficiaries receiving payment	2018-11-30	0
Number of terminated vested participants	2018-11-30	0
Fundng target for terminated vested participants	2018-11-30	0
Active participant vested funding target	2018-11-30	0
Number of active participants	2018-11-30	5
Total funding liabilities for active participants	2018-11-30	162,739
Total participant count	2018-11-30	5
Total funding target for all participants	2018-11-30	162,739
Balance at beginning of prior year after applicable adjustments	2018-11-30	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-11-30	0
Amount remaining of carryover balance	2018-11-30	0
Amount remaining of prefunding balance	2018-11-30	0
Present value of excess contributions	2018-11-30	16,701
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-11-30	17,706
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-11-30	0
Reductions in caryover balances due to elections or deemed elections	2018-11-30	0
Reductions in prefunding balances due to elections or deemed elections	2018-11-30	0
Balance of carryovers at beginning of current year	2018-11-30	0
Balance of prefunding at beginning of current year	2018-11-30	0
Total employer contributions	2018-11-30	56,869
Total employee contributions	2018-11-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-11-30	0
Contributions made to avoid restrictions adjusted to valuation date	2018-11-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-11-30	53,075
Unpaid minimum required contributions for all prior years	2018-11-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-11-30	0
Remaining amount of unpaid minimum required contributions	2018-11-30	0
Minimum required contributions for current year target normal cost	2018-11-30	60,089
Net shortfall amortization installment of oustanding balance	2018-11-30	0
Waiver amortization installment	2018-11-30	0
Total funding amount beforereflecting carryover/prefunding balances	2018-11-30	52,663
Additional cash requirement	2018-11-30	52,663
Contributions allocatedtoward minimum required contributions for current year	2018-11-30	53,075
Unpaid minimum required contributions for current year	2018-11-30	0
Unpaid minimum required contributions for all years	2018-11-30	0
2017: TURNPIKE CAR WASH, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-11-30	0
Acturial value of plan assets	2017-11-30	0
Funding target for retired participants and beneficiaries receiving payment	2017-11-30	0
Number of terminated vested participants	2017-11-30	0
Fundng target for terminated vested participants	2017-11-30	0
Active participant vested funding target	2017-11-30	0
Number of active participants	2017-11-30	5
Total funding liabilities for active participants	2017-11-30	0
Total participant count	2017-11-30	5
Total funding target for all participants	2017-11-30	0
Balance at beginning of prior year after applicable adjustments	2017-11-30	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-11-30	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-11-30	0
Prefunding balanced used to offset prior years funding requirement	2017-11-30	0
Amount remaining of carryover balance	2017-11-30	0
Amount remaining of prefunding balance	2017-11-30	0
Present value of excess contributions	2017-11-30	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-11-30	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-11-30	0
Reductions in caryover balances due to elections or deemed elections	2017-11-30	0
Reductions in prefunding balances due to elections or deemed elections	2017-11-30	0
Balance of carryovers at beginning of current year	2017-11-30	0
Balance of prefunding at beginning of current year	2017-11-30	0
Total employer contributions	2017-11-30	172,746
Total employee contributions	2017-11-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-11-30	0
Contributions made to avoid restrictions adjusted to valuation date	2017-11-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-11-30	160,503
Unpaid minimum required contributions for all prior years	2017-11-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-11-30	0
Remaining amount of unpaid minimum required contributions	2017-11-30	0
Minimum required contributions for current year target normal cost	2017-11-30	143,802
Net shortfall amortization installment of oustanding balance	2017-11-30	0
Waiver amortization installment	2017-11-30	0
Total funding amount beforereflecting carryover/prefunding balances	2017-11-30	143,802
Additional cash requirement	2017-11-30	143,802
Contributions allocatedtoward minimum required contributions for current year	2017-11-30	160,503
Unpaid minimum required contributions for current year	2017-11-30	0
Unpaid minimum required contributions for all years	2017-11-30	0

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Company Name:	TURNPIKE CAR WASH INC.
Employer identification number (EIN):	042750623
NAIC Classification:	811190