?>
Logo

RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN 401k Plan overview

Plan NameRED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN
Plan identification number 004

RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN Benefits

401k Plan TypeDefined 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).
  • 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.
  • 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

RED SPOT PAINT & VARNISH CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:RED SPOT PAINT & VARNISH CO., INC.
Employer identification number (EIN):350604350
NAIC Classification:325500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042022-03-01MICHELLE CHOATE2023-09-08 ANN EAST2023-09-13
0042021-03-01MICHELLE CHOATE2022-09-20 ANN EAST2022-09-29
0042020-03-01MICHELLE CHOATE2021-12-07 ANN EAST2021-12-07
0042019-03-01MICHELLE CHOATE2020-09-21 JENNIFER L. SMITH2020-09-28
0042018-03-01MICHELLE CHOATE2019-08-20 JENNIFER L. SMITH2019-09-26
0042017-03-01MICHELLE CHOATE2018-07-20 JENNIFER L. SMITH2018-07-24
0042016-03-01MICHELLE CHOATE2017-09-21 JENNIFER L. SMITH2017-09-21
0042015-03-01MICHELLE CHOATE2016-09-12 JENNIFER L. SMITH2016-09-22
0042014-03-01MICHELLE CHOATE2015-09-14 JENNIFER L. SMITH2015-09-24
0042013-03-01MICHELLE CHOATE2014-08-22 STEPHEN K. HALLING2014-08-26
0042012-03-01TERESA MATTINGLY2013-09-05 STEPHEN K. HALLING2013-09-06
0042011-03-01TERESA MATTINGLY2012-10-20 STEPHEN K. HALLING2012-10-16

Plan Statistics for RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN

401k plan membership statisitcs for RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN

Measure Date Value
2023: RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN 2023 401k membership
Market value of plan assets2023-02-284,694,899
Acturial value of plan assets2023-02-284,510,398
Funding target for retired participants and beneficiaries receiving payment2023-02-281,332,097
Number of terminated vested participants2023-02-2834
Fundng target for terminated vested participants2023-02-281,794,506
Active participant vested funding target2023-02-280
Number of active participants2023-02-280
Total funding liabilities for active participants2023-02-280
Total participant count2023-02-2859
Total funding target for all participants2023-02-283,126,603
Balance at beginning of prior year after applicable adjustments2023-02-280
Prefunding balance at beginning of prior year after applicable adjustments2023-02-28535,037
Carryover balanced portion elected for use to offset prior years funding requirement2023-02-280
Prefunding balanced used to offset prior years funding requirement2023-02-280
Amount remaining of carryover balance2023-02-280
Amount remaining of prefunding balance2023-02-28535,037
Present value of excess contributions2023-02-280
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2023-02-280
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2023-02-280
Reductions in caryover balances due to elections or deemed elections2023-02-280
Reductions in prefunding balances due to elections or deemed elections2023-02-280
Balance of carryovers at beginning of current year2023-02-280
Balance of prefunding at beginning of current year2023-02-28557,402
Total employer contributions2023-02-280
Total employee contributions2023-02-280
Contributions allocated toward unpaid minimum require contributions from prior years2023-02-280
Contributions made to avoid restrictions adjusted to valuation date2023-02-280
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2023-02-280
Unpaid minimum required contributions for all prior years2023-02-280
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2023-02-280
Remaining amount of unpaid minimum required contributions2023-02-280
Minimum required contributions for current year target normal cost2023-02-2812,000
Net shortfall amortization installment of oustanding balance2023-02-280
Waiver amortization installment2023-02-280
Total funding amount beforereflecting carryover/prefunding balances2023-02-280
Carryover balance elected to use to offset funding requirement2023-02-280
Prefunding balance elected to use to offset funding requirement2023-02-280
Additional cash requirement2023-02-280
Contributions allocatedtoward minimum required contributions for current year2023-02-280
Unpaid minimum required contributions for current year2023-02-280
Unpaid minimum required contributions for all years2023-02-280
2022: RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN 2022 401k membership
Market value of plan assets2022-02-284,627,027
Acturial value of plan assets2022-02-284,164,325
Funding target for retired participants and beneficiaries receiving payment2022-02-281,264,568
Number of terminated vested participants2022-02-2836
Fundng target for terminated vested participants2022-02-281,822,316
Active participant vested funding target2022-02-280
Number of active participants2022-02-280
Total funding liabilities for active participants2022-02-280
Total participant count2022-02-2859
Total funding target for all participants2022-02-283,086,884
Balance at beginning of prior year after applicable adjustments2022-02-280
Prefunding balance at beginning of prior year after applicable adjustments2022-02-28426,324
Carryover balanced portion elected for use to offset prior years funding requirement2022-02-280
Prefunding balanced used to offset prior years funding requirement2022-02-280
Amount remaining of carryover balance2022-02-280
Amount remaining of prefunding balance2022-02-28426,324
Present value of excess contributions2022-02-280
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-02-280
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-02-280
Reductions in caryover balances due to elections or deemed elections2022-02-280
Reductions in prefunding balances due to elections or deemed elections2022-02-280
Balance of carryovers at beginning of current year2022-02-280
Balance of prefunding at beginning of current year2022-02-28535,037
Total employer contributions2022-02-280
Total employee contributions2022-02-280
Contributions allocated toward unpaid minimum require contributions from prior years2022-02-280
Contributions made to avoid restrictions adjusted to valuation date2022-02-280
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-02-280
Unpaid minimum required contributions for all prior years2022-02-280
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-02-280
Remaining amount of unpaid minimum required contributions2022-02-280
Minimum required contributions for current year target normal cost2022-02-2810,000
Net shortfall amortization installment of oustanding balance2022-02-280
Waiver amortization installment2022-02-280
Total funding amount beforereflecting carryover/prefunding balances2022-02-280
Carryover balance elected to use to offset funding requirement2022-02-280
Prefunding balance elected to use to offset funding requirement2022-02-280
Additional cash requirement2022-02-280
Contributions allocatedtoward minimum required contributions for current year2022-02-280
Unpaid minimum required contributions for current year2022-02-280
Unpaid minimum required contributions for all years2022-02-280
2021: RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN 2021 401k membership
Market value of plan assets2021-02-283,794,226
Acturial value of plan assets2021-02-283,837,148
Funding target for retired participants and beneficiaries receiving payment2021-02-281,336,149
Number of terminated vested participants2021-02-2833
Fundng target for terminated vested participants2021-02-281,283,408
Active participant vested funding target2021-02-28532,719
Number of active participants2021-02-285
Total funding liabilities for active participants2021-02-28532,719
Total participant count2021-02-2860
Total funding target for all participants2021-02-283,152,276
Balance at beginning of prior year after applicable adjustments2021-02-280
Prefunding balance at beginning of prior year after applicable adjustments2021-02-28400,982
Carryover balanced portion elected for use to offset prior years funding requirement2021-02-280
Prefunding balanced used to offset prior years funding requirement2021-02-280
Amount remaining of carryover balance2021-02-280
Amount remaining of prefunding balance2021-02-28400,982
Present value of excess contributions2021-02-280
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-02-280
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-02-280
Reductions in caryover balances due to elections or deemed elections2021-02-280
Reductions in prefunding balances due to elections or deemed elections2021-02-280
Balance of carryovers at beginning of current year2021-02-280
Balance of prefunding at beginning of current year2021-02-28426,324
Total employer contributions2021-02-280
Total employee contributions2021-02-280
Contributions allocated toward unpaid minimum require contributions from prior years2021-02-280
Contributions made to avoid restrictions adjusted to valuation date2021-02-280
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-02-280
Unpaid minimum required contributions for all prior years2021-02-280
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-02-280
Remaining amount of unpaid minimum required contributions2021-02-280
Minimum required contributions for current year target normal cost2021-02-2818,248
Net shortfall amortization installment of oustanding balance2021-02-280
Waiver amortization installment2021-02-280
Total funding amount beforereflecting carryover/prefunding balances2021-02-280
Carryover balance elected to use to offset funding requirement2021-02-280
Prefunding balance elected to use to offset funding requirement2021-02-280
Additional cash requirement2021-02-280
Contributions allocatedtoward minimum required contributions for current year2021-02-280
Unpaid minimum required contributions for current year2021-02-280
Unpaid minimum required contributions for all years2021-02-280
2020: RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN 2020 401k membership
Market value of plan assets2020-02-293,664,228
Acturial value of plan assets2020-02-293,730,164
Funding target for retired participants and beneficiaries receiving payment2020-02-29970,002
Number of terminated vested participants2020-02-2938
Fundng target for terminated vested participants2020-02-291,553,316
Active participant vested funding target2020-02-29502,441
Number of active participants2020-02-295
Total funding liabilities for active participants2020-02-29502,441
Total participant count2020-02-2960
Total funding target for all participants2020-02-293,025,759
Balance at beginning of prior year after applicable adjustments2020-02-290
Prefunding balance at beginning of prior year after applicable adjustments2020-02-29397,169
Carryover balanced portion elected for use to offset prior years funding requirement2020-02-290
Prefunding balanced used to offset prior years funding requirement2020-02-290
Amount remaining of carryover balance2020-02-290
Amount remaining of prefunding balance2020-02-29397,169
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-02-290
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-02-290
Reductions in caryover balances due to elections or deemed elections2020-02-290
Reductions in prefunding balances due to elections or deemed elections2020-02-290
Balance of carryovers at beginning of current year2020-02-290
Balance of prefunding at beginning of current year2020-02-29400,982
Total employer contributions2020-02-290
Total employee contributions2020-02-290
Contributions allocated toward unpaid minimum require contributions from prior years2020-02-290
Contributions made to avoid restrictions adjusted to valuation date2020-02-290
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-02-290
Unpaid minimum required contributions for all prior years2020-02-290
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-02-290
Remaining amount of unpaid minimum required contributions2020-02-290
Minimum required contributions for current year target normal cost2020-02-2917,521
Net shortfall amortization installment of oustanding balance2020-02-290
Waiver amortization installment2020-02-290
Total funding amount beforereflecting carryover/prefunding balances2020-02-290
Carryover balance elected to use to offset funding requirement2020-02-290
Prefunding balance elected to use to offset funding requirement2020-02-290
Additional cash requirement2020-02-290
Contributions allocatedtoward minimum required contributions for current year2020-02-290
Unpaid minimum required contributions for current year2020-02-290
Unpaid minimum required contributions for all years2020-02-290
2019: RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN 2019 401k membership
Market value of plan assets2019-02-283,716,610
Acturial value of plan assets2019-02-283,530,742
Funding target for retired participants and beneficiaries receiving payment2019-02-28932,094
Number of terminated vested participants2019-02-2839
Fundng target for terminated vested participants2019-02-281,472,987
Active participant vested funding target2019-02-28447,899
Number of active participants2019-02-285
Total funding liabilities for active participants2019-02-28447,899
Total participant count2019-02-2860
Total funding target for all participants2019-02-282,852,980
Balance at beginning of prior year after applicable adjustments2019-02-280
Prefunding balance at beginning of prior year after applicable adjustments2019-02-28358,780
Carryover balanced portion elected for use to offset prior years funding requirement2019-02-280
Prefunding balanced used to offset prior years funding requirement2019-02-280
Amount remaining of carryover balance2019-02-280
Amount remaining of prefunding balance2019-02-28358,780
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-02-280
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-02-280
Reductions in caryover balances due to elections or deemed elections2019-02-280
Reductions in prefunding balances due to elections or deemed elections2019-02-280
Balance of carryovers at beginning of current year2019-02-280
Balance of prefunding at beginning of current year2019-02-28397,169
Total employer contributions2019-02-280
Total employee contributions2019-02-280
Contributions allocated toward unpaid minimum require contributions from prior years2019-02-280
Contributions made to avoid restrictions adjusted to valuation date2019-02-280
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-02-280
Unpaid minimum required contributions for all prior years2019-02-280
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-02-280
Remaining amount of unpaid minimum required contributions2019-02-280
Minimum required contributions for current year target normal cost2019-02-2822,153
Net shortfall amortization installment of oustanding balance2019-02-280
Waiver amortization installment2019-02-280
Total funding amount beforereflecting carryover/prefunding balances2019-02-280
Carryover balance elected to use to offset funding requirement2019-02-280
Prefunding balance elected to use to offset funding requirement2019-02-280
Additional cash requirement2019-02-280
Contributions allocatedtoward minimum required contributions for current year2019-02-280
Unpaid minimum required contributions for current year2019-02-280
Unpaid minimum required contributions for all years2019-02-280
2018: RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN 2018 401k membership
Market value of plan assets2018-02-283,440,295
Acturial value of plan assets2018-02-283,416,429
Funding target for retired participants and beneficiaries receiving payment2018-02-28939,990
Number of terminated vested participants2018-02-2840
Fundng target for terminated vested participants2018-02-281,341,323
Active participant vested funding target2018-02-28386,465
Number of active participants2018-02-285
Total funding liabilities for active participants2018-02-28386,465
Total participant count2018-02-2862
Total funding target for all participants2018-02-282,667,778
Balance at beginning of prior year after applicable adjustments2018-02-280
Prefunding balance at beginning of prior year after applicable adjustments2018-02-2864,021
Carryover balanced portion elected for use to offset prior years funding requirement2018-02-280
Prefunding balanced used to offset prior years funding requirement2018-02-280
Amount remaining of carryover balance2018-02-280
Amount remaining of prefunding balance2018-02-2864,021
Present value of excess contributions2018-02-28268,542
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-02-28285,245
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-02-28285,245
Reductions in caryover balances due to elections or deemed elections2018-02-280
Reductions in prefunding balances due to elections or deemed elections2018-02-280
Balance of carryovers at beginning of current year2018-02-280
Balance of prefunding at beginning of current year2018-02-28358,780
Total employer contributions2018-02-280
Total employee contributions2018-02-280
Contributions allocated toward unpaid minimum require contributions from prior years2018-02-280
Contributions made to avoid restrictions adjusted to valuation date2018-02-280
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-02-280
Unpaid minimum required contributions for all prior years2018-02-280
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-02-280
Remaining amount of unpaid minimum required contributions2018-02-280
Minimum required contributions for current year target normal cost2018-02-2819,573
Net shortfall amortization installment of oustanding balance2018-02-280
Waiver amortization installment2018-02-280
Total funding amount beforereflecting carryover/prefunding balances2018-02-280
Carryover balance elected to use to offset funding requirement2018-02-280
Prefunding balance elected to use to offset funding requirement2018-02-280
Additional cash requirement2018-02-280
Contributions allocatedtoward minimum required contributions for current year2018-02-280
Unpaid minimum required contributions for current year2018-02-280
Unpaid minimum required contributions for all years2018-02-280
2017: RED SPOT-WESTLAND BARGAINING UNIT EMPLOYEES' PENSION PLAN 2017 401k membership
Market value of plan assets2017-02-282,829,785
Acturial value of plan assets2017-02-283,089,573
Funding target for retired participants and beneficiaries receiving payment2017-02-28927,502
Number of terminated vested participants2017-02-2840
Fundng target for terminated vested participants2017-02-281,228,730
Active participant vested funding target2017-02-28354,294
Number of active participants2017-02-285
Total funding liabilities for active participants2017-02-28354,294
Total participant count2017-02-2862
Total funding target for all participants2017-02-282,510,526
Balance at beginning of prior year after applicable adjustments2017-02-280
Prefunding balance at beginning of prior year after applicable adjustments2017-02-2868,729
Carryover balanced portion elected for use to offset prior years funding requirement2017-02-280
Prefunding balanced used to offset prior years funding requirement2017-02-280
Amount remaining of carryover balance2017-02-280
Amount remaining of prefunding balance2017-02-2868,729
Present value of excess contributions2017-02-280
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-02-280
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-02-280
Reductions in caryover balances due to elections or deemed elections2017-02-280
Reductions in prefunding balances due to elections or deemed elections2017-02-280
Balance of carryovers at beginning of current year2017-02-280
Balance of prefunding at beginning of current year2017-02-2864,021
Total employer contributions2017-02-28290,000
Total employee contributions2017-02-280
Contributions allocated toward unpaid minimum require contributions from prior years2017-02-280
Contributions made to avoid restrictions adjusted to valuation date2017-02-280
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-02-28268,542
Unpaid minimum required contributions for all prior years2017-02-280
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-02-280
Remaining amount of unpaid minimum required contributions2017-02-280
Minimum required contributions for current year target normal cost2017-02-2821,483
Net shortfall amortization installment of oustanding balance2017-02-280
Waiver amortization installment2017-02-280
Total funding amount beforereflecting carryover/prefunding balances2017-02-280
Carryover balance elected to use to offset funding requirement2017-02-280
Prefunding balance elected to use to offset funding requirement2017-02-280
Additional cash requirement2017-02-280
Contributions allocatedtoward minimum required contributions for current year2017-02-28268,542
Unpaid minimum required contributions for current year2017-02-280
Unpaid minimum required contributions for all years2017-02-280

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3