STERLING NATIONAL BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ASTORIA BANK EMPLOYEES' PENSION PLAN
| Measure | Date | Value |
|---|
| 2020: ASTORIA BANK EMPLOYEES' PENSION PLAN 2020 401k membership |
|---|
| Total participants, beginning-of-year | 2020-01-01 | 7 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 0 |
| Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 0 |
| Total of all active and inactive participants | 2020-01-01 | 0 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
| Total participants | 2020-01-01 | 0 |
| Number of participants with account balances | 2020-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
| 2019: ASTORIA BANK EMPLOYEES' PENSION PLAN 2019 401k membership |
|---|
| Total participants, beginning-of-year | 2019-01-01 | 3,131 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 0 |
| Number of retired or separated participants receiving benefits | 2019-01-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 6 |
| Total of all active and inactive participants | 2019-01-01 | 7 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 0 |
| Total participants | 2019-01-01 | 7 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
| 2018: ASTORIA BANK EMPLOYEES' PENSION PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-12-31 | 238,278,862 |
| Acturial value of plan assets | 2018-12-31 | 227,742,236 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 109,637,184 |
| Number of terminated vested participants | 2018-12-31 | 1,116 |
| Fundng target for terminated vested participants | 2018-12-31 | 57,384,305 |
| Active participant vested funding target | 2018-12-31 | 22,290,998 |
| Number of active participants | 2018-12-31 | 545 |
| Total funding liabilities for active participants | 2018-12-31 | 22,290,998 |
| Total participant count | 2018-12-31 | 3,202 |
| Total funding target for all participants | 2018-12-31 | 189,312,487 |
| Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 9,075,347 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 433,858 |
| Amount remaining of carryover balance | 2018-12-31 | 0 |
| Amount remaining of prefunding balance | 2018-12-31 | 8,641,489 |
| Present value of excess contributions | 2018-12-31 | 37,658,444 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 37,658,444 |
| Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2018-12-31 | 9,803,769 |
| Total employer contributions | 2018-12-31 | 0 |
| Total employee contributions | 2018-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 0 |
| Liquidity shortfalls end of Q1 | 2018-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2018-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2018-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2018-12-31 | 300,000 |
| Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
| Waiver amortization installment | 2018-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 0 |
| Additional cash requirement | 2018-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
| Total participants, beginning-of-year | 2018-01-01 | 3,202 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 438 |
| Number of retired or separated participants receiving benefits | 2018-01-01 | 1,436 |
| Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 1,129 |
| Total of all active and inactive participants | 2018-01-01 | 3,003 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 128 |
| Total participants | 2018-01-01 | 3,131 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 0 |
| 2017: ASTORIA BANK EMPLOYEES' PENSION PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 182,769,976 |
| Acturial value of plan assets | 2017-12-31 | 184,559,390 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 97,903,266 |
| Number of terminated vested participants | 2017-12-31 | 1,026 |
| Fundng target for terminated vested participants | 2017-12-31 | 42,264,126 |
| Active participant vested funding target | 2017-12-31 | 37,654,227 |
| Number of active participants | 2017-12-31 | 725 |
| Total funding liabilities for active participants | 2017-12-31 | 37,654,227 |
| Total participant count | 2017-12-31 | 3,268 |
| Total funding target for all participants | 2017-12-31 | 177,821,619 |
| Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 8,439,043 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 0 |
| Amount remaining of carryover balance | 2017-12-31 | 0 |
| Amount remaining of prefunding balance | 2017-12-31 | 8,439,043 |
| Present value of excess contributions | 2017-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2017-12-31 | 9,075,347 |
| Total employer contributions | 2017-12-31 | 41,510,000 |
| Total employee contributions | 2017-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 37,658,444 |
| Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2017-12-31 | 50,000 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 2,337,576 |
| Waiver amortization installment | 2017-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 433,858 |
| Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 433,858 |
| Additional cash requirement | 2017-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 37,658,444 |
| Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
| Total participants, beginning-of-year | 2017-01-01 | 3,268 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 545 |
| Number of retired or separated participants receiving benefits | 2017-01-01 | 1,419 |
| Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 1,116 |
| Total of all active and inactive participants | 2017-01-01 | 3,080 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 122 |
| Total participants | 2017-01-01 | 3,202 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2020 : ASTORIA BANK EMPLOYEES' PENSION PLAN 2020 401k financial data |
|---|
| Total income from all sources | 2020-08-28 | $593,626 |
| Expenses. Total of all expenses incurred | 2020-08-28 | $17,010,759 |
| Total plan assets at end of year | 2020-08-28 | $0 |
| Total plan assets at beginning of year | 2020-08-28 | $16,417,133 |
| Value of fidelity bond covering the plan | 2020-08-28 | $50,000,000 |
| Other income received | 2020-08-28 | $593,626 |
| Net income (gross income less expenses) | 2020-08-28 | $-16,417,133 |
| Net plan assets at end of year (total assets less liabilities) | 2020-08-28 | $0 |
| Net plan assets at beginning of year (total assets less liabilities) | 2020-08-28 | $16,417,133 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2020-08-28 | $17,010,759 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-08-28 | $0 |
| 2019 : ASTORIA BANK EMPLOYEES' PENSION PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $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 | $28,847,472 |
| Total loss/gain on sale of assets | 2019-12-31 | $9,353,180 |
| Total of all expenses incurred | 2019-12-31 | $253,163,576 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $251,751,542 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $72,925 |
| Value of total assets at end of year | 2019-12-31 | $16,417,133 |
| Value of total assets at beginning of year | 2019-12-31 | $240,733,237 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,412,034 |
| Total interest from all sources | 2019-12-31 | $2,512,861 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $3,542,726 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2019-12-31 | $0 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $3,542,726 |
| Administrative expenses professional fees incurred | 2019-12-31 | $135,000 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $50,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $406,072 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $184,474,686 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $513,518 |
| Other income not declared elsewhere | 2019-12-31 | $190,000 |
| Administrative expenses (other) incurred | 2019-12-31 | $250,480 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $-224,316,104 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $16,417,133 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $240,733,237 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Investment advisory and management fees | 2019-12-31 | $1,026,554 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $166,091,461 |
| Interest earned on other investments | 2019-12-31 | $209,692 |
| Income. Interest from US Government securities | 2019-12-31 | $730,008 |
| Income. Interest from corporate debt instruments | 2019-12-31 | $1,574,915 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $-1,754 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $16,417,133 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $12,614,012 |
| Asset value of US Government securities at end of year | 2019-12-31 | $0 |
| Asset value of US Government securities at beginning of year | 2019-12-31 | $52,208,807 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $13,175,780 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $72,925 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $67,276,856 |
| Asset. Corporate debt instrument preferred debt at end of year | 2019-12-31 | $0 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2019-12-31 | $4,426,611 |
| Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $4,472,756 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Aggregate proceeds on sale of assets | 2019-12-31 | $991,971,993 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $982,618,813 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | BUCHBINDER TUNICK & COMPANY LLP |
| Accountancy firm EIN | 2019-12-31 | 131578842 |
| 2018 : ASTORIA BANK EMPLOYEES' PENSION PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-867,278 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-867,278 |
| 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 | $13,286,194 |
| Total loss/gain on sale of assets | 2018-12-31 | $444,944 |
| Total of all expenses incurred | 2018-12-31 | $12,457,761 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $11,387,726 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $0 |
| Value of total assets at end of year | 2018-12-31 | $240,733,237 |
| Value of total assets at beginning of year | 2018-12-31 | $239,904,804 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,070,035 |
| Total interest from all sources | 2018-12-31 | $805,658 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $3,497,528 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $3,375,359 |
| Administrative expenses professional fees incurred | 2018-12-31 | $50,000 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $50,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $406,072 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $513,518 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
| Other income not declared elsewhere | 2018-12-31 | $998,959 |
| Administrative expenses (other) incurred | 2018-12-31 | $237,043 |
| Total non interest bearing cash at end of year | 2018-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $62,666 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $828,433 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $240,733,237 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $239,904,804 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Investment advisory and management fees | 2018-12-31 | $710,440 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $166,091,461 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $165,314,992 |
| Interest earned on other investments | 2018-12-31 | $4,787 |
| Income. Interest from US Government securities | 2018-12-31 | $304,297 |
| Income. Interest from corporate debt instruments | 2018-12-31 | $54,148 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $442,426 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $12,614,012 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $12,463,895 |
| Asset value of US Government securities at end of year | 2018-12-31 | $52,208,807 |
| Asset value of US Government securities at beginning of year | 2018-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-272,018 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $8,678,401 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Assets. Invements in employer securities at end of year | 2018-12-31 | $0 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $20,553,251 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $41,510,000 |
| Income. Dividends from common stock | 2018-12-31 | $122,169 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $11,387,726 |
| Asset. Corporate debt instrument preferred debt at end of year | 2018-12-31 | $4,426,611 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2018-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at end of year | 2018-12-31 | $4,472,756 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2018-12-31 | $0 |
| Contract administrator fees | 2018-12-31 | $72,552 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| 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 | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Aggregate proceeds on sale of assets | 2018-12-31 | $30,481,752 |
| Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $30,036,808 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | BUCHBINDER TUNICK & COMPANY LLP |
| Accountancy firm EIN | 2018-12-31 | 131578842 |
| 2017 : ASTORIA BANK EMPLOYEES' PENSION PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $68,033,829 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $10,899,001 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $10,878,459 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $41,510,000 |
| Value of total assets at end of year | 2017-12-31 | $239,904,804 |
| Value of total assets at beginning of year | 2017-12-31 | $182,769,976 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $20,542 |
| Total interest from all sources | 2017-12-31 | $277,164 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $2,916,868 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $50,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Administrative expenses (other) incurred | 2017-12-31 | $20,542 |
| Total non interest bearing cash at end of year | 2017-12-31 | $62,666 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $4,169 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $57,134,828 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $239,904,804 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $182,769,976 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $165,314,992 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $155,925,195 |
| Interest earned on other investments | 2017-12-31 | $277,163 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $1 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $12,463,895 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $9,145,733 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $23,329,797 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Assets. Invements in employer securities at end of year | 2017-12-31 | $20,553,251 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $17,694,879 |
| Contributions received in cash from employer | 2017-12-31 | $41,510,000 |
| Employer contributions (assets) at end of year | 2017-12-31 | $41,510,000 |
| Income. Dividends from common stock | 2017-12-31 | $2,916,868 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $10,878,459 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| 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 | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | BUCHBINDER TUNICK & COMPANY LLP |
| Accountancy firm EIN | 2017-12-31 | 131578842 |
