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Plan Name | ASPIREDU, INC. CASH BALANCE PLAN |
Plan identification number | 002 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
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Company Name: | ASPIREDU, INC. |
Employer identification number (EIN): | 460858170 |
NAIC Classification: | 519100 |
Additional information about ASPIREDU, INC.
Jurisdiction of Incorporation: | Florida Department of State Division of Corporations |
Incorporation Date: | 2012-08-27 |
Company Identification Number: | P12000073332 |
Legal Registered Office Address: |
303 61st St HOLMES BEACH 34217 |
More information about ASPIREDU, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2022-07-01 | ||||
002 | 2021-07-01 | ||||
002 | 2020-07-01 |
Measure | Date | Value |
---|---|---|
2023: ASPIREDU, INC. CASH BALANCE PLAN 2023 401k membership | ||
Market value of plan assets | 2023-06-30 | 289,829 |
Acturial value of plan assets | 2023-06-30 | 289,829 |
Funding target for retired participants and beneficiaries receiving payment | 2023-06-30 | 0 |
Number of terminated vested participants | 2023-06-30 | 0 |
Fundng target for terminated vested participants | 2023-06-30 | 0 |
Active participant vested funding target | 2023-06-30 | 274,318 |
Number of active participants | 2023-06-30 | 8 |
Total funding liabilities for active participants | 2023-06-30 | 278,232 |
Total participant count | 2023-06-30 | 8 |
Total funding target for all participants | 2023-06-30 | 278,232 |
Balance at beginning of prior year after applicable adjustments | 2023-06-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2023-06-30 | 9,000 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2023-06-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2023-06-30 | 0 |
Amount remaining of carryover balance | 2023-06-30 | 0 |
Amount remaining of prefunding balance | 2023-06-30 | 9,000 |
Present value of excess contributions | 2023-06-30 | 24,374 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-06-30 | 24,374 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-06-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2023-06-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2023-06-30 | 0 |
Balance of carryovers at beginning of current year | 2023-06-30 | 0 |
Balance of prefunding at beginning of current year | 2023-06-30 | 7,541 |
Total employer contributions | 2023-06-30 | 172,898 |
Total employee contributions | 2023-06-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2023-06-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2023-06-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-06-30 | 171,464 |
Unpaid minimum required contributions for all prior years | 2023-06-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-06-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2023-06-30 | 0 |
Minimum required contributions for current year target normal cost | 2023-06-30 | 170,457 |
Net shortfall amortization installment of oustanding balance | 2023-06-30 | 0 |
Waiver amortization installment | 2023-06-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2023-06-30 | 166,794 |
Additional cash requirement | 2023-06-30 | 166,794 |
Contributions allocatedtoward minimum required contributions for current year | 2023-06-30 | 171,464 |
Unpaid minimum required contributions for current year | 2023-06-30 | 0 |
Unpaid minimum required contributions for all years | 2023-06-30 | 0 |
2022: ASPIREDU, INC. CASH BALANCE PLAN 2022 401k membership | ||
Market value of plan assets | 2022-06-30 | 116,239 |
Acturial value of plan assets | 2022-06-30 | 116,239 |
Funding target for retired participants and beneficiaries receiving payment | 2022-06-30 | 0 |
Number of terminated vested participants | 2022-06-30 | 0 |
Fundng target for terminated vested participants | 2022-06-30 | 0 |
Active participant vested funding target | 2022-06-30 | 0 |
Number of active participants | 2022-06-30 | 6 |
Total funding liabilities for active participants | 2022-06-30 | 133,946 |
Total participant count | 2022-06-30 | 6 |
Total funding target for all participants | 2022-06-30 | 133,946 |
Balance at beginning of prior year after applicable adjustments | 2022-06-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-06-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-06-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-06-30 | 0 |
Amount remaining of carryover balance | 2022-06-30 | 0 |
Amount remaining of prefunding balance | 2022-06-30 | 0 |
Present value of excess contributions | 2022-06-30 | 9,832 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-06-30 | 9,832 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-06-30 | 9,000 |
Reductions in caryover balances due to elections or deemed elections | 2022-06-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-06-30 | 0 |
Balance of carryovers at beginning of current year | 2022-06-30 | 0 |
Balance of prefunding at beginning of current year | 2022-06-30 | 9,000 |
Total employer contributions | 2022-06-30 | 163,080 |
Total employee contributions | 2022-06-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-06-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-06-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-06-30 | 161,040 |
Unpaid minimum required contributions for all prior years | 2022-06-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-06-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-06-30 | 0 |
Minimum required contributions for current year target normal cost | 2022-06-30 | 132,185 |
Net shortfall amortization installment of oustanding balance | 2022-06-30 | 27,189 |
Waiver amortization installment | 2022-06-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-06-30 | 136,666 |
Carryover balance elected to use to offset funding requirement | 2022-06-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-06-30 | 0 |
Additional cash requirement | 2022-06-30 | 136,666 |
Contributions allocatedtoward minimum required contributions for current year | 2022-06-30 | 161,040 |
Unpaid minimum required contributions for current year | 2022-06-30 | 0 |
Unpaid minimum required contributions for all years | 2022-06-30 | 0 |
2021: ASPIREDU, INC. CASH BALANCE PLAN 2021 401k membership | ||
Market value of plan assets | 2021-06-30 | 1,648 |
Acturial value of plan assets | 2021-06-30 | 1,648 |
Funding target for retired participants and beneficiaries receiving payment | 2021-06-30 | 0 |
Number of terminated vested participants | 2021-06-30 | 0 |
Fundng target for terminated vested participants | 2021-06-30 | 0 |
Active participant vested funding target | 2021-06-30 | 0 |
Number of active participants | 2021-06-30 | 4 |
Total funding liabilities for active participants | 2021-06-30 | 0 |
Total participant count | 2021-06-30 | 4 |
Total funding target for all participants | 2021-06-30 | 0 |
Balance at beginning of prior year after applicable adjustments | 2021-06-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-06-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-06-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-06-30 | 0 |
Amount remaining of carryover balance | 2021-06-30 | 0 |
Amount remaining of prefunding balance | 2021-06-30 | 0 |
Present value of excess contributions | 2021-06-30 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-06-30 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-06-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-06-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-06-30 | 0 |
Balance of carryovers at beginning of current year | 2021-06-30 | 0 |
Balance of prefunding at beginning of current year | 2021-06-30 | 0 |
Total employer contributions | 2021-06-30 | 132,781 |
Total employee contributions | 2021-06-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-06-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-06-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-06-30 | 135,290 |
Unpaid minimum required contributions for all prior years | 2021-06-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-06-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-06-30 | 0 |
Minimum required contributions for current year target normal cost | 2021-06-30 | 127,106 |
Net shortfall amortization installment of oustanding balance | 2021-06-30 | 0 |
Waiver amortization installment | 2021-06-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-06-30 | 125,458 |
Additional cash requirement | 2021-06-30 | 125,458 |
Contributions allocatedtoward minimum required contributions for current year | 2021-06-30 | 135,290 |
Unpaid minimum required contributions for current year | 2021-06-30 | 0 |
Unpaid minimum required contributions for all years | 2021-06-30 | 0 |