401k Plan data: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN plan

SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan Name	SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN
Plan identification number	002

SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).

401k Sponsoring company profile

SPRING CITY ELECTRICAL MANUFACTURING COMPANY has sponsored the creation of one or more 401k plans.

Company Name: SPRING CITY ELECTRICAL MANUFACTURING COMPANY

Employer identification number (EIN): 232482511

NAIC Classification: 335900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 THOMAS HARRIS 2023-10-12
002 2021-01-01 THOMAS HARRIS 2023-07-25
002 2020-01-01 TOM HARRIS 2021-10-14
002 2019-01-01 TOM HARRIS 2020-10-14
002 2018-01-01 TOM HARRIS 2019-10-14
002 2017-01-01 TOM HARRIS 2018-10-12
002 2016-01-01 TOM HARRIS 2017-10-13
002 2015-01-01 TOM HARRIS 2016-10-05
002 2014-01-01 TOM HARRIS 2015-10-14
002 2014-01-01 TOM HARRIS 2015-10-12
002 2013-01-01 TOM HARRIS 2014-10-15
002 2012-01-01 TOM HARRIS 2014-10-15
002 2011-01-01 TOM HARRIS 2012-10-11
002 2010-01-01 TOM HARRIS 2011-10-06

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2022-01-01	THOMAS HARRIS	2023-10-12
002	2021-01-01	THOMAS HARRIS	2023-07-25
002	2020-01-01	TOM HARRIS	2021-10-14
002	2019-01-01	TOM HARRIS	2020-10-14
002	2018-01-01	TOM HARRIS	2019-10-14
002	2017-01-01	TOM HARRIS	2018-10-12
002	2016-01-01	TOM HARRIS	2017-10-13
002	2015-01-01	TOM HARRIS	2016-10-05
002	2014-01-01	TOM HARRIS	2015-10-14
002	2014-01-01	TOM HARRIS	2015-10-12
002	2013-01-01	TOM HARRIS	2014-10-15
002	2012-01-01	TOM HARRIS	2014-10-15
002	2011-01-01	TOM HARRIS	2012-10-11
002	2010-01-01	TOM HARRIS	2011-10-06

Plan Statistics for SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN

Measure Date Value
2022: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets 2022-12-31 5,642,196
Acturial value of plan assets 2022-12-31 5,642,196
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 1,778,565
Number of terminated vested participants 2022-12-31 17
Fundng target for terminated vested participants 2022-12-31 276,571
Active participant vested funding target 2022-12-31 2,008,672
Number of active participants 2022-12-31 27
Total funding liabilities for active participants 2022-12-31 2,023,664
Total participant count 2022-12-31 47
Total funding target for all participants 2022-12-31 4,078,800
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
Total employer contributions 2022-12-31 0
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 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 2022-12-31 109,390
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
2021: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 5,089,505
Acturial value of plan assets 2021-12-31 5,089,505
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 1,779,399
Number of terminated vested participants 2021-12-31 19
Fundng target for terminated vested participants 2021-12-31 1,053,257
Active participant vested funding target 2021-12-31 1,361,760
Number of active participants 2021-12-31 3
Total funding liabilities for active participants 2021-12-31 1,361,760
Total participant count 2021-12-31 51
Total funding target for all participants 2021-12-31 4,194,416
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
Total employer contributions 2021-12-31 400,000
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 2021-12-31 374,149
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 2021-12-31 129,128
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 2021-12-31 374,149
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 4,746,124
Acturial value of plan assets 2020-12-31 4,746,124
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 386,487
Number of terminated vested participants 2020-12-31 18
Fundng target for terminated vested participants 2020-12-31 996,458
Active participant vested funding target 2020-12-31 2,604,130
Number of active participants 2020-12-31 31
Total funding liabilities for active participants 2020-12-31 2,618,170
Total participant count 2020-12-31 51
Total funding target for all participants 2020-12-31 4,001,115
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 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 352,219
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 371,978
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 0
Total employer contributions 2020-12-31 0
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 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 2020-12-31 107,069
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 3,607,191
Acturial value of plan assets 2019-12-31 3,607,191
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 280,674
Number of terminated vested participants 2019-12-31 16
Fundng target for terminated vested participants 2019-12-31 873,566
Active participant vested funding target 2019-12-31 2,391,366
Number of active participants 2019-12-31 29
Total funding liabilities for active participants 2019-12-31 2,407,124
Total participant count 2019-12-31 46
Total funding target for all participants 2019-12-31 3,561,364
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 0
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 0
Present value of excess contributions 2019-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 0
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 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 400,000
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 2019-12-31 373,673
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 67,281
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 21,454
Additional cash requirement 2019-12-31 21,454
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 373,673
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 4,111,987
Acturial value of plan assets 2018-12-31 4,111,987
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 291,779
Number of terminated vested participants 2018-12-31 21
Fundng target for terminated vested participants 2018-12-31 1,213,153
Active participant vested funding target 2018-12-31 2,129,738
Number of active participants 2018-12-31 24
Total funding liabilities for active participants 2018-12-31 2,141,085
Total participant count 2018-12-31 46
Total funding target for all participants 2018-12-31 3,646,017
Balance at beginning of prior year after applicable adjustments 2018-12-31 521,525
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
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 2018-12-31 521,525
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
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 2018-12-31 583,169
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 0
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
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 86,082
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
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
2017: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 3,584,027
Acturial value of plan assets 2017-12-31 3,584,027
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 286,878
Number of terminated vested participants 2017-12-31 20
Fundng target for terminated vested participants 2017-12-31 1,039,228
Active participant vested funding target 2017-12-31 1,857,017
Number of active participants 2017-12-31 26
Total funding liabilities for active participants 2017-12-31 1,870,842
Total participant count 2017-12-31 47
Total funding target for all participants 2017-12-31 3,196,948
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 521,525
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 2017-12-31 521,525
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 2017-12-31 583,169
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 0
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 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 96,703
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 3,240,288
Acturial value of plan assets 2016-12-31 3,416,617
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 1,913,641
Number of terminated vested participants 2016-12-31 18
Fundng target for terminated vested participants 2016-12-31 590,470
Active participant vested funding target 2016-12-31 293,313
Number of active participants 2016-12-31 28
Total funding liabilities for active participants 2016-12-31 293,313
Total participant count 2016-12-31 47
Total funding target for all participants 2016-12-31 2,797,424
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 235,437
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 2016-12-31 235,437
Present value of excess contributions 2016-12-31 273,548
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 291,056
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 291,056
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 2016-12-31 521,525
Total employer contributions 2016-12-31 0
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 0
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 69,760
Net shortfall amortization installment of oustanding balance 2016-12-31 0
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 0
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 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets	2022-12-31	5,642,196
Acturial value of plan assets	2022-12-31	5,642,196
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	1,778,565
Number of terminated vested participants	2022-12-31	17
Fundng target for terminated vested participants	2022-12-31	276,571
Active participant vested funding target	2022-12-31	2,008,672
Number of active participants	2022-12-31	27
Total funding liabilities for active participants	2022-12-31	2,023,664
Total participant count	2022-12-31	47
Total funding target for all participants	2022-12-31	4,078,800
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
Total employer contributions	2022-12-31	0
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	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	109,390
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
2021: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	5,089,505
Acturial value of plan assets	2021-12-31	5,089,505
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	1,779,399
Number of terminated vested participants	2021-12-31	19
Fundng target for terminated vested participants	2021-12-31	1,053,257
Active participant vested funding target	2021-12-31	1,361,760
Number of active participants	2021-12-31	3
Total funding liabilities for active participants	2021-12-31	1,361,760
Total participant count	2021-12-31	51
Total funding target for all participants	2021-12-31	4,194,416
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
Total employer contributions	2021-12-31	400,000
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	374,149
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	129,128
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	374,149
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	4,746,124
Acturial value of plan assets	2020-12-31	4,746,124
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	386,487
Number of terminated vested participants	2020-12-31	18
Fundng target for terminated vested participants	2020-12-31	996,458
Active participant vested funding target	2020-12-31	2,604,130
Number of active participants	2020-12-31	31
Total funding liabilities for active participants	2020-12-31	2,618,170
Total participant count	2020-12-31	51
Total funding target for all participants	2020-12-31	4,001,115
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	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	352,219
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	371,978
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	0
Total employer contributions	2020-12-31	0
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	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	107,069
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	3,607,191
Acturial value of plan assets	2019-12-31	3,607,191
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	280,674
Number of terminated vested participants	2019-12-31	16
Fundng target for terminated vested participants	2019-12-31	873,566
Active participant vested funding target	2019-12-31	2,391,366
Number of active participants	2019-12-31	29
Total funding liabilities for active participants	2019-12-31	2,407,124
Total participant count	2019-12-31	46
Total funding target for all participants	2019-12-31	3,561,364
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	0
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	0
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
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	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	400,000
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	373,673
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	67,281
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	21,454
Additional cash requirement	2019-12-31	21,454
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	373,673
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	4,111,987
Acturial value of plan assets	2018-12-31	4,111,987
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	291,779
Number of terminated vested participants	2018-12-31	21
Fundng target for terminated vested participants	2018-12-31	1,213,153
Active participant vested funding target	2018-12-31	2,129,738
Number of active participants	2018-12-31	24
Total funding liabilities for active participants	2018-12-31	2,141,085
Total participant count	2018-12-31	46
Total funding target for all participants	2018-12-31	3,646,017
Balance at beginning of prior year after applicable adjustments	2018-12-31	521,525
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
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	521,525
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
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	583,169
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	0
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
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	86,082
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
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
2017: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	3,584,027
Acturial value of plan assets	2017-12-31	3,584,027
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	286,878
Number of terminated vested participants	2017-12-31	20
Fundng target for terminated vested participants	2017-12-31	1,039,228
Active participant vested funding target	2017-12-31	1,857,017
Number of active participants	2017-12-31	26
Total funding liabilities for active participants	2017-12-31	1,870,842
Total participant count	2017-12-31	47
Total funding target for all participants	2017-12-31	3,196,948
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	521,525
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	521,525
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	583,169
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	0
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	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	96,703
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: SPRING CITY ELECTRICAL MANUFACTURING COMPANY DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	3,240,288
Acturial value of plan assets	2016-12-31	3,416,617
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	1,913,641
Number of terminated vested participants	2016-12-31	18
Fundng target for terminated vested participants	2016-12-31	590,470
Active participant vested funding target	2016-12-31	293,313
Number of active participants	2016-12-31	28
Total funding liabilities for active participants	2016-12-31	293,313
Total participant count	2016-12-31	47
Total funding target for all participants	2016-12-31	2,797,424
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	235,437
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	235,437
Present value of excess contributions	2016-12-31	273,548
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	291,056
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	291,056
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	521,525
Total employer contributions	2016-12-31	0
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	0
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	69,760
Net shortfall amortization installment of oustanding balance	2016-12-31	0
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	0
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	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	SPRING CITY ELECTRICAL MANUFACTURING COMPANY
Employer identification number (EIN):	232482511
NAIC Classification:	335900