401k Plan data: EKSTROM, CARLSON & CO. PENSION PLAN plan

EKSTROM, CARLSON & CO. PENSION PLAN 401k Plan overview

Plan Name	EKSTROM, CARLSON & CO. PENSION PLAN
Plan identification number	002

EKSTROM, CARLSON & CO. PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily flat dollar (includes dollars per year of service)
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.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

TOOLMASTERS, L.L.C. has sponsored the creation of one or more 401k plans.

Company Name: TOOLMASTERS, L.L.C.

Employer identification number (EIN): 364121612

NAIC Classification: 333510

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EKSTROM, CARLSON & CO. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2016-01-01 JOHN NELSON 2017-10-16
002 2015-01-01 JOHN NELSON 2016-10-17
002 2014-01-01 JOHN NELSON 2015-10-15
002 2013-01-01 JOHN NELSON 2014-10-13
002 2012-01-01 JOHN NELSON 2013-10-09
002 2011-01-01 JOHN NELSON 2012-10-12
002 2010-01-01 JOHN NELSON 2011-09-30

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2016-01-01	JOHN NELSON	2017-10-16
002	2015-01-01	JOHN NELSON	2016-10-17
002	2014-01-01	JOHN NELSON	2015-10-15
002	2013-01-01	JOHN NELSON	2014-10-13
002	2012-01-01	JOHN NELSON	2013-10-09
002	2011-01-01	JOHN NELSON	2012-10-12
002	2010-01-01	JOHN NELSON	2011-09-30

Plan Statistics for EKSTROM, CARLSON & CO. PENSION PLAN

401k plan membership statisitcs for EKSTROM, CARLSON & CO. PENSION PLAN

Measure Date Value
2016: EKSTROM, CARLSON & CO. PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 68,475
Acturial value of plan assets 2016-12-31 68,475
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 230,316
Number of terminated vested participants 2016-12-31 8
Fundng target for terminated vested participants 2016-12-31 31,420
Active participant vested funding target 2016-12-31 8,739
Number of active participants 2016-12-31 1
Total funding liabilities for active participants 2016-12-31 8,739
Total participant count 2016-12-31 31
Total funding target for all participants 2016-12-31 270,475
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 0
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 0
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
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 2016-12-31 118,806
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 118,806
Minimum required contributions for current year target normal cost 2016-12-31 8,200
Net shortfall amortization installment of oustanding balance 2016-12-31 202,000
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 38,892
Additional cash requirement 2016-12-31 38,892
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for current year 2016-12-31 38,892
Unpaid minimum required contributions for all years 2016-12-31 157,698

Measure	Date	Value
2016: EKSTROM, CARLSON & CO. PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	68,475
Acturial value of plan assets	2016-12-31	68,475
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	230,316
Number of terminated vested participants	2016-12-31	8
Fundng target for terminated vested participants	2016-12-31	31,420
Active participant vested funding target	2016-12-31	8,739
Number of active participants	2016-12-31	1
Total funding liabilities for active participants	2016-12-31	8,739
Total participant count	2016-12-31	31
Total funding target for all participants	2016-12-31	270,475
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	0
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	0
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
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	118,806
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	118,806
Minimum required contributions for current year target normal cost	2016-12-31	8,200
Net shortfall amortization installment of oustanding balance	2016-12-31	202,000
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	38,892
Additional cash requirement	2016-12-31	38,892
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for current year	2016-12-31	38,892
Unpaid minimum required contributions for all years	2016-12-31	157,698

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Company Name:	TOOLMASTERS, L.L.C.
Employer identification number (EIN):	364121612
NAIC Classification:	333510