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Plan Name | PENSION PLAN FOR EMPLOYEES OF NEWPORT TELEPHONE COMPANY, INC. |
Plan identification number | 001 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
|
Company Name: | NEWPORT TELEPHONE COMPANY, INC. |
Employer identification number (EIN): | 150400170 |
NAIC Classification: | 517000 |
Additional information about NEWPORT TELEPHONE COMPANY, INC.
Jurisdiction of Incorporation: | New York Department of State |
Incorporation Date: | 1913-06-12 |
Company Identification Number: | 22863 |
Legal Registered Office Address: |
BRIDGE STREET Herkimer NEWPORT United States of America (USA) 13416 |
More information about NEWPORT TELEPHONE COMPANY, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2022-01-01 | JOSEPH TOMAINO | 2023-10-11 | JOSEPH TOMAINO | 2023-10-11 |
001 | 2021-01-01 | JOSEPH TOMAINO | 2022-10-07 | JOSEPH TOMAINO | 2022-10-07 |
001 | 2020-01-01 | JOSEPH TOMAINO | 2021-10-13 | JOSEPH TOMAINO | 2021-10-13 |
001 | 2019-01-01 | HARLEY M. RUPPERT | 2020-10-06 | HARLEY M. RUPPERT | 2020-10-06 |
001 | 2018-01-01 | HARLEY RUPPERT | 2019-10-09 | HARLEY RUPPERT | 2019-10-09 |
001 | 2017-01-01 | HARLEY M. RUPPERT | 2018-10-09 | HARLEY M. RUPPERT | 2018-10-09 |
001 | 2016-01-01 | HARLEY M RUPPERT | 2017-10-02 | HARLEY M RUPPERT | 2017-10-02 |
001 | 2015-01-01 | HARLEY M RUPPERT | 2016-09-14 | HARLEY M RUPPERT | 2016-09-14 |
001 | 2014-01-01 | HARLEY M RUPPERT | 2015-09-09 | HARLEY M RUPPERT | 2015-09-09 |
001 | 2013-01-01 | HARLEY M RUPPERT | 2014-10-01 | HARLEY M RUPPERT | 2014-10-01 |
001 | 2012-01-01 | HARLEY M. RUPPERT | 2013-10-08 | HARLEY M. RUPPERT | 2013-10-08 |
001 | 2011-01-01 | HARLEY M. RUPPERT | 2012-10-04 | HARLEY M. RUPPERT | 2012-10-04 |
001 | 2010-01-01 | HARLEY M. RUPPERT | 2011-10-05 | HARLEY M. RUPPERT | 2011-10-05 |
Measure | Date | Value |
---|---|---|
2022: PENSION PLAN FOR EMPLOYEES OF NEWPORT TELEPHONE COMPANY, INC. 2022 401k membership | ||
Market value of plan assets | 2022-12-31 | 2,201,673 |
Acturial value of plan assets | 2022-12-31 | 2,201,673 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 1,313,490 |
Number of terminated vested participants | 2022-12-31 | 7 |
Fundng target for terminated vested participants | 2022-12-31 | 103,727 |
Active participant vested funding target | 2022-12-31 | 530,173 |
Number of active participants | 2022-12-31 | 12 |
Total funding liabilities for active participants | 2022-12-31 | 530,173 |
Total participant count | 2022-12-31 | 23 |
Total funding target for all participants | 2022-12-31 | 1,947,390 |
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 | 60,528 |
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 | 60,528 |
Present value of excess contributions | 2022-12-31 | 2 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 2 |
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 | 69,323 |
Total employer contributions | 2022-12-31 | 44,001 |
Total employee contributions | 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 | 42,488 |
Liquidity shortfalls end of Q1 | 2022-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2022-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2022-12-31 | 0 |
Liquidity shortfalls end of Q4 | 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 | 0 |
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 | 42,488 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
2021: PENSION PLAN FOR EMPLOYEES OF NEWPORT TELEPHONE COMPANY, INC. 2021 401k membership | ||
Market value of plan assets | 2021-12-31 | 2,098,697 |
Acturial value of plan assets | 2021-12-31 | 2,098,697 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 1,461,556 |
Number of terminated vested participants | 2021-12-31 | 7 |
Fundng target for terminated vested participants | 2021-12-31 | 104,706 |
Active participant vested funding target | 2021-12-31 | 578,394 |
Number of active participants | 2021-12-31 | 13 |
Total funding liabilities for active participants | 2021-12-31 | 578,394 |
Total participant count | 2021-12-31 | 26 |
Total funding target for all participants | 2021-12-31 | 2,144,656 |
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 | 54,757 |
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 | 54,757 |
Present value of excess contributions | 2021-12-31 | 5 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 5 |
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 | 60,528 |
Total employer contributions | 2021-12-31 | 38,507 |
Total employee contributions | 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 | 37,092 |
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 | 0 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 106,487 |
Waiver amortization installment | 2021-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 37,090 |
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 | 37,090 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 37,092 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
2020: PENSION PLAN FOR EMPLOYEES OF NEWPORT TELEPHONE COMPANY, INC. 2020 401k membership | ||
Market value of plan assets | 2020-12-31 | 2,016,711 |
Acturial value of plan assets | 2020-12-31 | 2,016,711 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 1,487,822 |
Number of terminated vested participants | 2020-12-31 | 7 |
Fundng target for terminated vested participants | 2020-12-31 | 91,045 |
Active participant vested funding target | 2020-12-31 | 505,606 |
Number of active participants | 2020-12-31 | 13 |
Total funding liabilities for active participants | 2020-12-31 | 505,606 |
Total participant count | 2020-12-31 | 26 |
Total funding target for all participants | 2020-12-31 | 2,084,473 |
Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 46,641 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 0 |
Amount remaining of carryover balance | 2020-12-31 | 0 |
Amount remaining of prefunding balance | 2020-12-31 | 46,641 |
Present value of excess contributions | 2020-12-31 | 35 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 37 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
Balance of carryovers at beginning of current year | 2020-12-31 | 0 |
Balance of prefunding at beginning of current year | 2020-12-31 | 54,757 |
Total employer contributions | 2020-12-31 | 36,200 |
Total employee contributions | 2020-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 34,738 |
Liquidity shortfalls end of Q1 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2020-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-12-31 | 0 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 122,519 |
Waiver amortization installment | 2020-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 34,733 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Additional cash requirement | 2020-12-31 | 34,733 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 34,738 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
2019: PENSION PLAN FOR EMPLOYEES OF NEWPORT TELEPHONE COMPANY, INC. 2019 401k membership | ||
Market value of plan assets | 2019-12-31 | 1,816,940 |
Acturial value of plan assets | 2019-12-31 | 1,816,940 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 1,534,070 |
Number of terminated vested participants | 2019-12-31 | 8 |
Fundng target for terminated vested participants | 2019-12-31 | 86,508 |
Active participant vested funding target | 2019-12-31 | 462,999 |
Number of active participants | 2019-12-31 | 13 |
Total funding liabilities for active participants | 2019-12-31 | 462,999 |
Total participant count | 2019-12-31 | 27 |
Total funding target for all participants | 2019-12-31 | 2,083,577 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 99,937 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
Amount remaining of carryover balance | 2019-12-31 | 0 |
Amount remaining of prefunding balance | 2019-12-31 | 99,937 |
Present value of excess contributions | 2019-12-31 | 1 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 1 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 46,500 |
Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
Balance of prefunding at beginning of current year | 2019-12-31 | 46,641 |
Total employer contributions | 2019-12-31 | 61,592 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 58,340 |
Liquidity shortfalls end of Q1 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2019-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2019-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 0 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 313,278 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 58,305 |
Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Additional cash requirement | 2019-12-31 | 58,305 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 58,340 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
2018: PENSION PLAN FOR EMPLOYEES OF NEWPORT TELEPHONE COMPANY, INC. 2018 401k membership | ||
Market value of plan assets | 2018-12-31 | 2,091,779 |
Acturial value of plan assets | 2018-12-31 | 2,091,779 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 1,579,892 |
Number of terminated vested participants | 2018-12-31 | 8 |
Fundng target for terminated vested participants | 2018-12-31 | 78,774 |
Active participant vested funding target | 2018-12-31 | 421,981 |
Number of active participants | 2018-12-31 | 13 |
Total funding liabilities for active participants | 2018-12-31 | 421,981 |
Total participant count | 2018-12-31 | 27 |
Total funding target for all participants | 2018-12-31 | 2,080,647 |
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 | 87,518 |
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 | 0 |
Amount remaining of carryover balance | 2018-12-31 | 0 |
Amount remaining of prefunding balance | 2018-12-31 | 87,518 |
Present value of excess contributions | 2018-12-31 | 1 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 1 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
Balance of prefunding at beginning of current year | 2018-12-31 | 99,937 |
Total employer contributions | 2018-12-31 | 20,235 |
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 | 19,399 |
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 | 0 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 90,243 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 19,398 |
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 | 19,398 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 19,399 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
2017: PENSION PLAN FOR EMPLOYEES OF NEWPORT TELEPHONE COMPANY, INC. 2017 401k membership | ||
Market value of plan assets | 2017-12-31 | 2,012,396 |
Acturial value of plan assets | 2017-12-31 | 2,012,396 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 1,555,463 |
Number of terminated vested participants | 2017-12-31 | 9 |
Fundng target for terminated vested participants | 2017-12-31 | 105,578 |
Active participant vested funding target | 2017-12-31 | 368,350 |
Number of active participants | 2017-12-31 | 13 |
Total funding liabilities for active participants | 2017-12-31 | 368,350 |
Total participant count | 2017-12-31 | 28 |
Total funding target for all participants | 2017-12-31 | 2,029,391 |
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 | 80,211 |
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 | 80,211 |
Present value of excess contributions | 2017-12-31 | 12 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 13 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 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 | 87,518 |
Total employer contributions | 2017-12-31 | 20,270 |
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 | 19,399 |
Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2017-12-31 | 0 |
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 | 0 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 104,513 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 19,398 |
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 | 0 |
Additional cash requirement | 2017-12-31 | 19,398 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 19,399 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
2016: PENSION PLAN FOR EMPLOYEES OF NEWPORT TELEPHONE COMPANY, INC. 2016 401k membership | ||
Market value of plan assets | 2016-12-31 | 1,978,104 |
Acturial value of plan assets | 2016-12-31 | 1,978,104 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 1,585,849 |
Number of terminated vested participants | 2016-12-31 | 9 |
Fundng target for terminated vested participants | 2016-12-31 | 95,713 |
Active participant vested funding target | 2016-12-31 | 331,367 |
Number of active participants | 2016-12-31 | 13 |
Total funding liabilities for active participants | 2016-12-31 | 331,367 |
Total participant count | 2016-12-31 | 28 |
Total funding target for all participants | 2016-12-31 | 2,012,929 |
Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 82,786 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 0 |
Amount remaining of carryover balance | 2016-12-31 | 0 |
Amount remaining of prefunding balance | 2016-12-31 | 82,786 |
Present value of excess contributions | 2016-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 0 |
Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
Balance of prefunding at beginning of current year | 2016-12-31 | 80,211 |
Total employer contributions | 2016-12-31 | 21,015 |
Total employee contributions | 2016-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 19,019 |
Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2016-12-31 | 0 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 115,036 |
Waiver amortization installment | 2016-12-31 | 0 |
Waived amount of outstanding balance | 2016-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 19,007 |
Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 0 |
Additional cash requirement | 2016-12-31 | 19,007 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 19,019 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |