401k Plan data: LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II plan

LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II 401k Plan overview

Plan Name	LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II
Plan identification number	003

LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II 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

LEXMARK INTERNATIONAL, INC. has sponsored the creation of one or more 401k plans.

Company Name: LEXMARK INTERNATIONAL, INC.

Employer identification number (EIN): 061308215

NAIC Classification: 334110

Additional information about LEXMARK INTERNATIONAL, INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2231577

More information about LEXMARK INTERNATIONAL, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-01-01 TONYA H. JACKSON 2023-11-02
003 2021-01-01 SHARON VOTAW 2022-12-06

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2022-01-01	TONYA H. JACKSON	2023-11-02
003	2021-01-01	SHARON VOTAW	2022-12-06

Plan Statistics for LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II

401k plan membership statisitcs for LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II

Measure Date Value
2022: LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II 2022 401k membership
Market value of plan assets 2022-12-31 15,675,719
Acturial value of plan assets 2022-12-31 15,629,232
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 2,023,585
Number of terminated vested participants 2022-12-31 324
Fundng target for terminated vested participants 2022-12-31 5,166,380
Active participant vested funding target 2022-12-31 4,575,671
Number of active participants 2022-12-31 259
Total funding liabilities for active participants 2022-12-31 4,575,671
Total participant count 2022-12-31 677
Total funding target for all participants 2022-12-31 11,765,636
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 0
Present value of excess contributions 2022-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 229,201
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
Total participants, beginning-of-year 2022-01-01 667
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 247
Number of retired or separated participants receiving benefits 2022-01-01 76
Number of other retired or separated participants entitled to future benefits 2022-01-01 310
Total of all active and inactive participants 2022-01-01 633
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 16
Total participants 2022-01-01 649
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II 2021 401k membership
Market value of plan assets 2021-12-31 15,807,167
Acturial value of plan assets 2021-12-31 15,807,167
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 2,253,875
Number of terminated vested participants 2021-12-31 329
Fundng target for terminated vested participants 2021-12-31 4,773,763
Active participant vested funding target 2021-12-31 4,769,206
Number of active participants 2021-12-31 273
Total funding liabilities for active participants 2021-12-31 4,769,206
Total participant count 2021-12-31 707
Total funding target for all participants 2021-12-31 11,796,844
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 0
Liquidity shortfalls end of Q1 2021-12-31 0
Liquidity shortfalls end of Q2 2021-12-31 0
Liquidity shortfalls end of Q3 2021-12-31 0
Liquidity shortfalls end of Q4 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 506,179
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
Total participants, beginning-of-year 2021-01-01 697
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 259
Number of retired or separated participants receiving benefits 2021-01-01 75
Number of other retired or separated participants entitled to future benefits 2021-01-01 317
Total of all active and inactive participants 2021-01-01 651
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 16
Total participants 2021-01-01 667
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0

Measure	Date	Value
2022: LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II 2022 401k membership
Market value of plan assets	2022-12-31	15,675,719
Acturial value of plan assets	2022-12-31	15,629,232
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	2,023,585
Number of terminated vested participants	2022-12-31	324
Fundng target for terminated vested participants	2022-12-31	5,166,380
Active participant vested funding target	2022-12-31	4,575,671
Number of active participants	2022-12-31	259
Total funding liabilities for active participants	2022-12-31	4,575,671
Total participant count	2022-12-31	677
Total funding target for all participants	2022-12-31	11,765,636
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	229,201
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
Total participants, beginning-of-year	2022-01-01	667
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	247
Number of retired or separated participants receiving benefits	2022-01-01	76
Number of other retired or separated participants entitled to future benefits	2022-01-01	310
Total of all active and inactive participants	2022-01-01	633
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	16
Total participants	2022-01-01	649
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II 2021 401k membership
Market value of plan assets	2021-12-31	15,807,167
Acturial value of plan assets	2021-12-31	15,807,167
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	2,253,875
Number of terminated vested participants	2021-12-31	329
Fundng target for terminated vested participants	2021-12-31	4,773,763
Active participant vested funding target	2021-12-31	4,769,206
Number of active participants	2021-12-31	273
Total funding liabilities for active participants	2021-12-31	4,769,206
Total participant count	2021-12-31	707
Total funding target for all participants	2021-12-31	11,796,844
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	0
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	506,179
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
Total participants, beginning-of-year	2021-01-01	697
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	259
Number of retired or separated participants receiving benefits	2021-01-01	75
Number of other retired or separated participants entitled to future benefits	2021-01-01	317
Total of all active and inactive participants	2021-01-01	651
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	16
Total participants	2021-01-01	667
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0

Financial Data on LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II

Measure	Date	Value
2022 : LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$-3,222,384
Total of all expenses incurred	2022-12-31	$733,682
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$583,289
Value of total assets at end of year	2022-12-31	$11,723,261
Value of total assets at beginning of year	2022-12-31	$15,679,327
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$150,393
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Administrative expenses professional fees incurred	2022-12-31	$50,278
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$10,000,000
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Administrative expenses (other) incurred	2022-12-31	$58,696
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-3,956,066
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$11,723,261
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$15,679,327
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in master investment trust accounts at end of year	2022-12-31	$11,723,261
Value of interest in master investment trust accounts at beginning of year	2022-12-31	$15,679,327
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$583,289
Contract administrator fees	2022-12-31	$41,419
Did the plan have assets held for investment	2022-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	MCM CPAS & ADVISORS LLP
Accountancy firm EIN	2022-12-31	271235638
2021 : LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II 2021 401k financial data
Total transfer of assets to this plan	2021-12-31	$15,807,167
Total income from all sources (including contributions)	2021-12-31	$698,380
Total of all expenses incurred	2021-12-31	$826,220
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$619,420
Value of total assets at end of year	2021-12-31	$15,679,327
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$206,800
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Administrative expenses professional fees incurred	2021-12-31	$66,059
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$10,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Administrative expenses (other) incurred	2021-12-31	$86,484
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$-127,840
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$15,679,327
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in master investment trust accounts at end of year	2021-12-31	$15,679,327
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$619,420
Contract administrator fees	2021-12-31	$54,257
Did the plan have assets held for investment	2021-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	MCM CPAS & ADVISORS LLP
Accountancy firm EIN	2021-12-31	271235638

Form 5500 Responses for LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II

2022: LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	Yes
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: LEXMARK RETIREMENT GROWTH ACCOUNT PLAN II 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	First time form 5500 has been submitted	Yes
2021-01-01	Submission has been amended	Yes
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	LEXMARK INTERNATIONAL, INC.
Employer identification number (EIN):	061308215
NAIC Classification:	334110

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2231577