401k Plan data: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN plan

NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 401k Plan overview

Plan Name	NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN
Plan identification number	001

NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' 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).
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).

401k Sponsoring company profile

NORTH LAWRENCE WATER AUTHORITY has sponsored the creation of one or more 401k plans.

Company Name: NORTH LAWRENCE WATER AUTHORITY

Employer identification number (EIN): 383666278

NAIC Classification: 221300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 STEVE PRIDEMORE 2023-02-21
001 2021-01-01 STEVE PRIDEMORE 2022-09-26
001 2020-01-01 STEVE PRIDEMORE 2021-10-06
001 2019-01-01 STEVE PRIDEMORE 2020-09-21
001 2018-01-01 PHILIP HAWKINS 2019-09-23
001 2017-01-01 PHILIP HAWKINS 2018-09-18
001 2016-01-01 PHILIP HAWKINS 2017-10-03
001 2015-01-01 PHILIP HAWKINS 2016-10-13
001 2014-01-01 PHILIP HAWKINS 2015-10-15 PHILIP HAWKINS 2015-10-15
001 2013-01-01 PHILIP HAWKINS 2014-10-01 PHILIP HAWKINS 2014-10-01
001 2012-01-01 PHILIP HAWKINS 2013-10-11 PHILIP HAWKINS 2013-10-11
001 2011-01-01 PHILIP HAWKINS 2012-10-02
001 2010-01-01 PHILIP HAWKINS 2011-10-18 PHILIP HAWKINS 2011-10-18

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	STEVE PRIDEMORE	2023-02-21
001	2021-01-01	STEVE PRIDEMORE	2022-09-26
001	2020-01-01	STEVE PRIDEMORE	2021-10-06
001	2019-01-01	STEVE PRIDEMORE	2020-09-21
001	2018-01-01	PHILIP HAWKINS	2019-09-23
001	2017-01-01	PHILIP HAWKINS	2018-09-18
001	2016-01-01	PHILIP HAWKINS	2017-10-03
001	2015-01-01	PHILIP HAWKINS	2016-10-13
001	2014-01-01	PHILIP HAWKINS	2015-10-15	PHILIP HAWKINS	2015-10-15
001	2013-01-01	PHILIP HAWKINS	2014-10-01	PHILIP HAWKINS	2014-10-01
001	2012-01-01	PHILIP HAWKINS	2013-10-11	PHILIP HAWKINS	2013-10-11
001	2011-01-01	PHILIP HAWKINS	2012-10-02
001	2010-01-01	PHILIP HAWKINS	2011-10-18	PHILIP HAWKINS	2011-10-18

Plan Statistics for NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN

401k plan membership statisitcs for NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN

Measure Date Value
2021: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 1,769,134
Acturial value of plan assets 2021-12-31 1,614,232
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 790,314
Number of terminated vested participants 2021-12-31 4
Fundng target for terminated vested participants 2021-12-31 136,147
Active participant vested funding target 2021-12-31 571,432
Number of active participants 2021-12-31 6
Total funding liabilities for active participants 2021-12-31 579,070
Total participant count 2021-12-31 15
Total funding target for all participants 2021-12-31 1,505,531
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 5,342
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 5,632
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 2021-12-31 473,165
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 2021-12-31 449,369
Liquidity shortfalls end of Q1 2021-12-31 0
Liquidity shortfalls end of Q2 2021-12-31 0
Liquidity shortfalls end of Q3 2021-12-31 0
Liquidity shortfalls end of Q4 2021-12-31 0
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 12,800
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
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 449,369
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 1,463,089
Acturial value of plan assets 2020-12-31 1,412,899
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 854,726
Number of terminated vested participants 2020-12-31 3
Fundng target for terminated vested participants 2020-12-31 113,982
Active participant vested funding target 2020-12-31 537,050
Number of active participants 2020-12-31 9
Total funding liabilities for active participants 2020-12-31 554,890
Total participant count 2020-12-31 17
Total funding target for all participants 2020-12-31 1,523,598
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
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 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 5,678
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 5,995
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 2020-12-31 148,915
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 2020-12-31 141,439
Liquidity shortfalls end of Q1 2020-12-31 0
Liquidity shortfalls end of Q2 2020-12-31 0
Liquidity shortfalls end of Q3 2020-12-31 0
Liquidity shortfalls end of Q4 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 2020-12-31 105,620
Net shortfall amortization installment of oustanding balance 2020-12-31 110,699
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 136,097
Additional cash requirement 2020-12-31 136,097
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 141,439
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 1,224,997
Acturial value of plan assets 2019-12-31 1,298,897
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 866,785
Number of terminated vested participants 2019-12-31 2
Fundng target for terminated vested participants 2019-12-31 107,682
Active participant vested funding target 2019-12-31 434,941
Number of active participants 2019-12-31 8
Total funding liabilities for active participants 2019-12-31 446,268
Total participant count 2019-12-31 15
Total funding target for all participants 2019-12-31 1,420,735
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 13,005
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 13,753
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 2019-12-31 117,339
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 2019-12-31 111,090
Liquidity shortfalls end of Q1 2019-12-31 0
Liquidity shortfalls end of Q2 2019-12-31 0
Liquidity shortfalls end of Q3 2019-12-31 0
Liquidity shortfalls end of Q4 2019-12-31 0
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 72,849
Net shortfall amortization installment of oustanding balance 2019-12-31 121,838
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 105,412
Additional cash requirement 2019-12-31 105,412
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 111,090
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 1,294,326
Acturial value of plan assets 2018-12-31 1,256,242
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 854,884
Number of terminated vested participants 2018-12-31 2
Fundng target for terminated vested participants 2018-12-31 94,865
Active participant vested funding target 2018-12-31 347,280
Number of active participants 2018-12-31 8
Total funding liabilities for active participants 2018-12-31 352,740
Total participant count 2018-12-31 15
Total funding target for all participants 2018-12-31 1,302,489
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 13,631
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 14,439
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 0
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 92,677
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 88,417
Liquidity shortfalls end of Q1 2018-12-31 0
Liquidity shortfalls end of Q2 2018-12-31 0
Liquidity shortfalls end of Q3 2018-12-31 0
Liquidity shortfalls end of Q4 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 57,880
Net shortfall amortization installment of oustanding balance 2018-12-31 46,247
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 75,412
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 75,412
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 88,417
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,105,163
Acturial value of plan assets 2017-12-31 1,136,059
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 202,397
Number of terminated vested participants 2017-12-31 2
Fundng target for terminated vested participants 2017-12-31 85,539
Active participant vested funding target 2017-12-31 885,157
Number of active participants 2017-12-31 8
Total funding liabilities for active participants 2017-12-31 886,953
Total participant count 2017-12-31 14
Total funding target for all participants 2017-12-31 1,174,889
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 0
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 0
Present value of excess contributions 2017-12-31 2,442
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 2,591
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
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 2017-12-31 106,040
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 2017-12-31 100,943
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 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 73,182
Net shortfall amortization installment of oustanding balance 2017-12-31 38,830
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 87,312
Additional cash requirement 2017-12-31 87,312
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 100,943
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 894,300
Acturial value of plan assets 2016-12-31 926,018
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 220,403
Number of terminated vested participants 2016-12-31 2
Fundng target for terminated vested participants 2016-12-31 77,060
Active participant vested funding target 2016-12-31 761,421
Number of active participants 2016-12-31 8
Total funding liabilities for active participants 2016-12-31 761,948
Total participant count 2016-12-31 15
Total funding target for all participants 2016-12-31 1,059,411
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 2016-12-31 203,478
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 62,247
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 2016-12-31 121,537
Liquidity shortfalls end of Q1 2016-12-31 0
Liquidity shortfalls end of Q2 2016-12-31 0
Liquidity shortfalls end of Q3 2016-12-31 0
Liquidity shortfalls end of Q4 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 62,247
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 62,247
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 92,761
Net shortfall amortization installment of oustanding balance 2016-12-31 133,393
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 119,095
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 2016-12-31 119,095
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 121,537
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
2021: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	1,769,134
Acturial value of plan assets	2021-12-31	1,614,232
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	790,314
Number of terminated vested participants	2021-12-31	4
Fundng target for terminated vested participants	2021-12-31	136,147
Active participant vested funding target	2021-12-31	571,432
Number of active participants	2021-12-31	6
Total funding liabilities for active participants	2021-12-31	579,070
Total participant count	2021-12-31	15
Total funding target for all participants	2021-12-31	1,505,531
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	5,342
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	5,632
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	473,165
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	449,369
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	2021-12-31	0
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	12,800
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
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	449,369
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	1,463,089
Acturial value of plan assets	2020-12-31	1,412,899
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	854,726
Number of terminated vested participants	2020-12-31	3
Fundng target for terminated vested participants	2020-12-31	113,982
Active participant vested funding target	2020-12-31	537,050
Number of active participants	2020-12-31	9
Total funding liabilities for active participants	2020-12-31	554,890
Total participant count	2020-12-31	17
Total funding target for all participants	2020-12-31	1,523,598
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
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	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	5,678
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	5,995
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	148,915
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	141,439
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	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	105,620
Net shortfall amortization installment of oustanding balance	2020-12-31	110,699
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	136,097
Additional cash requirement	2020-12-31	136,097
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	141,439
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	1,224,997
Acturial value of plan assets	2019-12-31	1,298,897
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	866,785
Number of terminated vested participants	2019-12-31	2
Fundng target for terminated vested participants	2019-12-31	107,682
Active participant vested funding target	2019-12-31	434,941
Number of active participants	2019-12-31	8
Total funding liabilities for active participants	2019-12-31	446,268
Total participant count	2019-12-31	15
Total funding target for all participants	2019-12-31	1,420,735
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	13,005
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	13,753
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	117,339
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	111,090
Liquidity shortfalls end of Q1	2019-12-31	0
Liquidity shortfalls end of Q2	2019-12-31	0
Liquidity shortfalls end of Q3	2019-12-31	0
Liquidity shortfalls end of Q4	2019-12-31	0
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	72,849
Net shortfall amortization installment of oustanding balance	2019-12-31	121,838
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	105,412
Additional cash requirement	2019-12-31	105,412
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	111,090
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	1,294,326
Acturial value of plan assets	2018-12-31	1,256,242
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	854,884
Number of terminated vested participants	2018-12-31	2
Fundng target for terminated vested participants	2018-12-31	94,865
Active participant vested funding target	2018-12-31	347,280
Number of active participants	2018-12-31	8
Total funding liabilities for active participants	2018-12-31	352,740
Total participant count	2018-12-31	15
Total funding target for all participants	2018-12-31	1,302,489
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	13,631
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	14,439
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	0
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	92,677
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	88,417
Liquidity shortfalls end of Q1	2018-12-31	0
Liquidity shortfalls end of Q2	2018-12-31	0
Liquidity shortfalls end of Q3	2018-12-31	0
Liquidity shortfalls end of Q4	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	57,880
Net shortfall amortization installment of oustanding balance	2018-12-31	46,247
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	75,412
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	75,412
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	88,417
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,105,163
Acturial value of plan assets	2017-12-31	1,136,059
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	202,397
Number of terminated vested participants	2017-12-31	2
Fundng target for terminated vested participants	2017-12-31	85,539
Active participant vested funding target	2017-12-31	885,157
Number of active participants	2017-12-31	8
Total funding liabilities for active participants	2017-12-31	886,953
Total participant count	2017-12-31	14
Total funding target for all participants	2017-12-31	1,174,889
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	0
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	0
Present value of excess contributions	2017-12-31	2,442
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	2,591
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
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	106,040
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	100,943
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	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	73,182
Net shortfall amortization installment of oustanding balance	2017-12-31	38,830
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	87,312
Additional cash requirement	2017-12-31	87,312
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	100,943
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: NORTH LAWRENCE WATER AUTHORITY EMPLOYEES' PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	894,300
Acturial value of plan assets	2016-12-31	926,018
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	220,403
Number of terminated vested participants	2016-12-31	2
Fundng target for terminated vested participants	2016-12-31	77,060
Active participant vested funding target	2016-12-31	761,421
Number of active participants	2016-12-31	8
Total funding liabilities for active participants	2016-12-31	761,948
Total participant count	2016-12-31	15
Total funding target for all participants	2016-12-31	1,059,411
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	203,478
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	62,247
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	121,537
Liquidity shortfalls end of Q1	2016-12-31	0
Liquidity shortfalls end of Q2	2016-12-31	0
Liquidity shortfalls end of Q3	2016-12-31	0
Liquidity shortfalls end of Q4	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	62,247
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	62,247
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	92,761
Net shortfall amortization installment of oustanding balance	2016-12-31	133,393
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	119,095
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	119,095
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	121,537
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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NORTH LAWRENCE DAIRY, INC. 401(K) PLAN [EIN = 202372626]

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Company Name:	NORTH LAWRENCE WATER AUTHORITY
Employer identification number (EIN):	383666278
NAIC Classification:	221300