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W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 401k Plan overview

Plan NameW. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN
Plan identification number 003

W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Plan covering Self-Employed individuals.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

W. L. LOGAN TRUCKING CO. has sponsored the creation of one or more 401k plans.

Company Name:W. L. LOGAN TRUCKING CO.
Employer identification number (EIN):341039888
NAIC Classification:484120
NAIC Description: General Freight Trucking, Long-Distance

Form 5500 Filing Information

Submission information for form 5500 for 401k plan W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032019-01-01RICHARD STERTZBACH2020-05-26 RICHARD STERTZBACH2020-05-26
0032018-01-01RICHARD STERTZBACH2019-09-13 RICHARD STERTZBACH2019-09-13
0032017-01-01
0032016-01-01
0032015-01-01RICHARD STERTZBACH2016-10-11
0032014-01-01RICHARD STERTZBACH2015-10-12
0032013-01-01RICHARD STERTZBACH2014-10-13
0032012-01-01RICHARD STERTZBACH2013-10-11
0032011-01-01RICHARD STERTZBACH2012-10-10

Plan Statistics for W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN

401k plan membership statisitcs for W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN

Measure Date Value
2019: W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0195
Total number of active participants reported on line 7a of the Form 55002019-01-010
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-010
Number of participants with account balances2019-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-31726,506
Acturial value of plan assets2018-12-31726,506
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-3147
Fundng target for terminated vested participants2018-12-3145,539
Active participant vested funding target2018-12-31521,675
Number of active participants2018-12-3148
Total funding liabilities for active participants2018-12-31521,675
Total participant count2018-12-3195
Total funding target for all participants2018-12-31567,214
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-310
Total employee contributions2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Additional cash requirement2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-0195
Total number of active participants reported on line 7a of the Form 55002018-01-0147
Number of other retired or separated participants entitled to future benefits2018-01-0147
Total of all active and inactive participants2018-01-0194
Total participants2018-01-0194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-31713,805
Acturial value of plan assets2017-12-31713,805
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-3146
Fundng target for terminated vested participants2017-12-3146,448
Active participant vested funding target2017-12-31489,366
Number of active participants2017-12-3149
Total funding liabilities for active participants2017-12-31489,366
Total participant count2017-12-3195
Total funding target for all participants2017-12-31535,814
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-310
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-0176
Total number of active participants reported on line 7a of the Form 55002017-01-0149
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0146
Total of all active and inactive participants2017-01-0195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0195
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-31642,892
Acturial value of plan assets2016-12-31642,892
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-3128
Fundng target for terminated vested participants2016-12-3131,827
Active participant vested funding target2016-12-31462,578
Number of active participants2016-12-3148
Total funding liabilities for active participants2016-12-31462,578
Total participant count2016-12-3176
Total funding target for all participants2016-12-31494,405
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-310
Total employee contributions2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Additional cash requirement2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-0186
Total number of active participants reported on line 7a of the Form 55002016-01-0147
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0129
Total of all active and inactive participants2016-01-0176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0176
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0118

Financial Data on W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN

Measure Date Value
2019 : W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2019 401k financial data
Total income from all sources2019-12-31$155
Expenses. Total of all expenses incurred2019-12-31$52,928
Benefits paid (including direct rollovers)2019-12-31$52,853
Total plan assets at end of year2019-12-31$0
Total plan assets at beginning of year2019-12-31$52,773
Value of fidelity bond covering the plan2019-12-31$500,000
Other income received2019-12-31$155
Net income (gross income less expenses)2019-12-31$-52,773
Net plan assets at end of year (total assets less liabilities)2019-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$52,773
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$75
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2018 401k financial data
Total income from all sources2018-12-31$-71,354
Expenses. Total of all expenses incurred2018-12-31$589,678
Benefits paid (including direct rollovers)2018-12-31$583,297
Total plan assets at end of year2018-12-31$52,773
Total plan assets at beginning of year2018-12-31$713,805
Value of fidelity bond covering the plan2018-12-31$500,000
Expenses. Other expenses not covered elsewhere2018-12-31$6,381
Other income received2018-12-31$-71,354
Net income (gross income less expenses)2018-12-31$-661,032
Net plan assets at end of year (total assets less liabilities)2018-12-31$52,773
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$713,805
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2017 401k financial data
Total income from all sources2017-12-31$77,148
Expenses. Total of all expenses incurred2017-12-31$6,235
Benefits paid (including direct rollovers)2017-12-31$1,771
Total plan assets at end of year2017-12-31$713,805
Total plan assets at beginning of year2017-12-31$642,892
Value of fidelity bond covering the plan2017-12-31$500,000
Other income received2017-12-31$77,148
Net income (gross income less expenses)2017-12-31$70,913
Net plan assets at end of year (total assets less liabilities)2017-12-31$713,805
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$642,892
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$4,464
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total income from all sources2016-12-31$-18,908
Expenses. Total of all expenses incurred2016-12-31$0
Total plan assets at end of year2016-12-31$642,892
Total plan assets at beginning of year2016-12-31$661,800
Value of fidelity bond covering the plan2016-12-31$500,000
Other income received2016-12-31$-18,908
Net income (gross income less expenses)2016-12-31$-18,908
Net plan assets at end of year (total assets less liabilities)2016-12-31$642,892
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$661,800
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0

Form 5500 Responses for W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN

2019: W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01This submission is the final filingYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: W. L. LOGAN TRUCKING CO. CASH BALANCE PENSION PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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