Submission information for form 5500 for 401k plan CHINESE-AMERICAN PROFESSIONAL INSURANCE AGENCY INC DB PLAN
401k plan membership statisitcs for CHINESE-AMERICAN PROFESSIONAL INSURANCE AGENCY INC DB PLAN
Measure | Date | Value |
---|
2023: CHINESE-AMERICAN PROFESSIONAL INSURANCE AGENCY INC DB PLAN 2023 401k membership |
---|
Market value of plan assets | 2023-09-30 | 945,881 |
Acturial value of plan assets | 2023-09-30 | 945,881 |
Funding target for retired participants and beneficiaries receiving payment | 2023-09-30 | 0 |
Number of terminated vested participants | 2023-09-30 | 0 |
Fundng target for terminated vested participants | 2023-09-30 | 0 |
Active participant vested funding target | 2023-09-30 | 886,797 |
Number of active participants | 2023-09-30 | 1 |
Total funding liabilities for active participants | 2023-09-30 | 886,797 |
Total participant count | 2023-09-30 | 1 |
Total funding target for all participants | 2023-09-30 | 886,797 |
Balance at beginning of prior year after applicable adjustments | 2023-09-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2023-09-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2023-09-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2023-09-30 | 0 |
Amount remaining of carryover balance | 2023-09-30 | 0 |
Amount remaining of prefunding balance | 2023-09-30 | 0 |
Present value of excess contributions | 2023-09-30 | 82,499 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-09-30 | 82,499 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-09-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2023-09-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2023-09-30 | 0 |
Balance of carryovers at beginning of current year | 2023-09-30 | 0 |
Balance of prefunding at beginning of current year | 2023-09-30 | 0 |
Total employer contributions | 2023-09-30 | 250,000 |
Total employee contributions | 2023-09-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2023-09-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2023-09-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-09-30 | 254,099 |
Unpaid minimum required contributions for all prior years | 2023-09-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-09-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2023-09-30 | 0 |
Minimum required contributions for current year target normal cost | 2023-09-30 | 221,699 |
Net shortfall amortization installment of oustanding balance | 2023-09-30 | 0 |
Waiver amortization installment | 2023-09-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2023-09-30 | 162,615 |
Carryover balance elected to use to offset funding requirement | 2023-09-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2023-09-30 | 0 |
Additional cash requirement | 2023-09-30 | 162,615 |
Contributions allocatedtoward minimum required contributions for current year | 2023-09-30 | 254,099 |
Unpaid minimum required contributions for current year | 2023-09-30 | 0 |
Unpaid minimum required contributions for all years | 2023-09-30 | 0 |
2022: CHINESE-AMERICAN PROFESSIONAL INSURANCE AGENCY INC DB PLAN 2022 401k membership |
---|
Market value of plan assets | 2022-09-30 | 693,735 |
Acturial value of plan assets | 2022-09-30 | 693,735 |
Funding target for retired participants and beneficiaries receiving payment | 2022-09-30 | 0 |
Number of terminated vested participants | 2022-09-30 | 0 |
Fundng target for terminated vested participants | 2022-09-30 | 0 |
Active participant vested funding target | 2022-09-30 | 650,612 |
Number of active participants | 2022-09-30 | 1 |
Total funding liabilities for active participants | 2022-09-30 | 650,612 |
Total participant count | 2022-09-30 | 1 |
Total funding target for all participants | 2022-09-30 | 650,612 |
Balance at beginning of prior year after applicable adjustments | 2022-09-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-09-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-09-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-09-30 | 0 |
Amount remaining of carryover balance | 2022-09-30 | 0 |
Amount remaining of prefunding balance | 2022-09-30 | 0 |
Present value of excess contributions | 2022-09-30 | 78,574 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-09-30 | 78,574 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-09-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-09-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-09-30 | 0 |
Balance of carryovers at beginning of current year | 2022-09-30 | 0 |
Balance of prefunding at beginning of current year | 2022-09-30 | 0 |
Total employer contributions | 2022-09-30 | 250,000 |
Total employee contributions | 2022-09-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-09-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-09-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-09-30 | 256,247 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-09-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-09-30 | 0 |
Minimum required contributions for current year target normal cost | 2022-09-30 | 216,871 |
Net shortfall amortization installment of oustanding balance | 2022-09-30 | 0 |
Waiver amortization installment | 2022-09-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-09-30 | 173,748 |
Carryover balance elected to use to offset funding requirement | 2022-09-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-09-30 | 0 |
Additional cash requirement | 2022-09-30 | 173,748 |
Contributions allocatedtoward minimum required contributions for current year | 2022-09-30 | 256,247 |
Unpaid minimum required contributions for current year | 2022-09-30 | 0 |
Unpaid minimum required contributions for all years | 2022-09-30 | 0 |
2021: CHINESE-AMERICAN PROFESSIONAL INSURANCE AGENCY INC DB PLAN 2021 401k membership |
---|
Market value of plan assets | 2021-09-30 | 450,020 |
Acturial value of plan assets | 2021-09-30 | 450,020 |
Funding target for retired participants and beneficiaries receiving payment | 2021-09-30 | 0 |
Number of terminated vested participants | 2021-09-30 | 0 |
Fundng target for terminated vested participants | 2021-09-30 | 0 |
Active participant vested funding target | 2021-09-30 | 414,284 |
Number of active participants | 2021-09-30 | 1 |
Total funding liabilities for active participants | 2021-09-30 | 414,284 |
Total participant count | 2021-09-30 | 1 |
Total funding target for all participants | 2021-09-30 | 414,284 |
Balance at beginning of prior year after applicable adjustments | 2021-09-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-09-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-09-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-09-30 | 0 |
Amount remaining of carryover balance | 2021-09-30 | 0 |
Amount remaining of prefunding balance | 2021-09-30 | 0 |
Present value of excess contributions | 2021-09-30 | 54,059 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-09-30 | 54,059 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-09-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-09-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-09-30 | 0 |
Balance of carryovers at beginning of current year | 2021-09-30 | 0 |
Balance of prefunding at beginning of current year | 2021-09-30 | 0 |
Total employer contributions | 2021-09-30 | 250,000 |
Total employee contributions | 2021-09-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-09-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-09-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-09-30 | 249,980 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-09-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-09-30 | 0 |
Minimum required contributions for current year target normal cost | 2021-09-30 | 207,142 |
Net shortfall amortization installment of oustanding balance | 2021-09-30 | 0 |
Waiver amortization installment | 2021-09-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-09-30 | 171,406 |
Carryover balance elected to use to offset funding requirement | 2021-09-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-09-30 | 0 |
Additional cash requirement | 2021-09-30 | 171,406 |
Contributions allocatedtoward minimum required contributions for current year | 2021-09-30 | 249,980 |
Unpaid minimum required contributions for current year | 2021-09-30 | 0 |
Unpaid minimum required contributions for all years | 2021-09-30 | 0 |
2020: CHINESE-AMERICAN PROFESSIONAL INSURANCE AGENCY INC DB PLAN 2020 401k membership |
---|
Market value of plan assets | 2020-09-30 | 195,921 |
Acturial value of plan assets | 2020-09-30 | 195,921 |
Funding target for retired participants and beneficiaries receiving payment | 2020-09-30 | 0 |
Number of terminated vested participants | 2020-09-30 | 0 |
Fundng target for terminated vested participants | 2020-09-30 | 0 |
Active participant vested funding target | 2020-09-30 | 199,447 |
Number of active participants | 2020-09-30 | 1 |
Total funding liabilities for active participants | 2020-09-30 | 199,447 |
Total participant count | 2020-09-30 | 1 |
Total funding target for all participants | 2020-09-30 | 199,447 |
Balance at beginning of prior year after applicable adjustments | 2020-09-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-09-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-09-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-09-30 | 0 |
Amount remaining of carryover balance | 2020-09-30 | 0 |
Amount remaining of prefunding balance | 2020-09-30 | 0 |
Present value of excess contributions | 2020-09-30 | 9,004 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-09-30 | 9,004 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-09-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-09-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-09-30 | 0 |
Balance of carryovers at beginning of current year | 2020-09-30 | 0 |
Balance of prefunding at beginning of current year | 2020-09-30 | 0 |
Total employer contributions | 2020-09-30 | 250,000 |
Total employee contributions | 2020-09-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-09-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-09-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-09-30 | 254,079 |
Unpaid minimum required contributions for all prior years | 2020-09-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-09-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-09-30 | 0 |
Minimum required contributions for current year target normal cost | 2020-09-30 | 199,447 |
Net shortfall amortization installment of oustanding balance | 2020-09-30 | 3,526 |
Waiver amortization installment | 2020-09-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-09-30 | 200,020 |
Carryover balance elected to use to offset funding requirement | 2020-09-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-09-30 | 0 |
Additional cash requirement | 2020-09-30 | 200,020 |
Contributions allocatedtoward minimum required contributions for current year | 2020-09-30 | 254,079 |
Unpaid minimum required contributions for current year | 2020-09-30 | 0 |
Unpaid minimum required contributions for all years | 2020-09-30 | 0 |
2019: CHINESE-AMERICAN PROFESSIONAL INSURANCE AGENCY INC DB PLAN 2019 401k membership |
---|
Market value of plan assets | 2019-09-30 | 0 |
Acturial value of plan assets | 2019-09-30 | 0 |
Funding target for retired participants and beneficiaries receiving payment | 2019-09-30 | 0 |
Number of terminated vested participants | 2019-09-30 | 0 |
Fundng target for terminated vested participants | 2019-09-30 | 0 |
Active participant vested funding target | 2019-09-30 | 0 |
Number of active participants | 2019-09-30 | 0 |
Total funding liabilities for active participants | 2019-09-30 | 0 |
Total participant count | 2019-09-30 | 0 |
Total funding target for all participants | 2019-09-30 | 0 |
Balance at beginning of prior year after applicable adjustments | 2019-09-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-09-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-09-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-09-30 | 0 |
Amount remaining of carryover balance | 2019-09-30 | 0 |
Amount remaining of prefunding balance | 2019-09-30 | 0 |
Present value of excess contributions | 2019-09-30 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-09-30 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-09-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-09-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-09-30 | 0 |
Balance of carryovers at beginning of current year | 2019-09-30 | 0 |
Balance of prefunding at beginning of current year | 2019-09-30 | 0 |
Total employer contributions | 2019-09-30 | 200,000 |
Total employee contributions | 2019-09-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-09-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-09-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-09-30 | 200,232 |
Unpaid minimum required contributions for all prior years | 2019-09-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-09-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-09-30 | 0 |
Minimum required contributions for current year target normal cost | 2019-09-30 | 191,228 |
Net shortfall amortization installment of oustanding balance | 2019-09-30 | 0 |
Waiver amortization installment | 2019-09-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-09-30 | 191,228 |
Carryover balance elected to use to offset funding requirement | 2019-09-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-09-30 | 0 |
Additional cash requirement | 2019-09-30 | 191,228 |
Contributions allocatedtoward minimum required contributions for current year | 2019-09-30 | 200,232 |
Unpaid minimum required contributions for current year | 2019-09-30 | 0 |
Unpaid minimum required contributions for all years | 2019-09-30 | 0 |