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SMART BUILDING SUPPLY CASH BALANCE PLAN 401k Plan overview

Plan NameSMART BUILDING SUPPLY CASH BALANCE PLAN
Plan identification number 002

SMART BUILDING SUPPLY CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • 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).
  • 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).
  • 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

SMART BUILDING SUPPLY, LLC has sponsored the creation of one or more 401k plans.

Company Name:SMART BUILDING SUPPLY, LLC
Employer identification number (EIN):461440032
NAIC Classification:238290
NAIC Description:Other Building Equipment Contractors

Additional information about SMART BUILDING SUPPLY, LLC

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division
Incorporation Date: 2012-11-07
Company Identification Number: 2149743
Legal Registered Office Address: 5521 OAK VIEW DRIVE
-
MAINEVILLE
United States of America (USA)
45039

More information about SMART BUILDING SUPPLY, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SMART BUILDING SUPPLY CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01ANTHONY WARREN2023-10-12
0022021-01-01ANTHONY WARREN2022-10-04
0022020-01-01ADAM WARREN2021-10-15
0022019-01-01ADAM WARREN2020-10-15
0022018-01-01RAE JEAN NICHOLL2019-10-15
0022017-01-01RAE JEAN NICHOLL2018-10-05
0022016-01-01RAE JEAN NICHOLL2017-10-11
0022015-01-01RAE JEAN NICHOLL2016-10-14

Plan Statistics for SMART BUILDING SUPPLY CASH BALANCE PLAN

401k plan membership statisitcs for SMART BUILDING SUPPLY CASH BALANCE PLAN

Measure Date Value
2022: SMART BUILDING SUPPLY CASH BALANCE PLAN 2022 401k membership
Market value of plan assets2022-12-31680,033
Acturial value of plan assets2022-12-31680,033
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-3122
Fundng target for terminated vested participants2022-12-31735,283
Active participant vested funding target2022-12-310
Number of active participants2022-12-310
Total funding liabilities for active participants2022-12-310
Total participant count2022-12-3122
Total funding target for all participants2022-12-31735,283
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-31535,049
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-31524,074
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31452,512
Net shortfall amortization installment of oustanding balance2022-12-3155,250
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-31457,618
Additional cash requirement2022-12-31457,618
Contributions allocatedtoward minimum required contributions for current year2022-12-31524,074
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: SMART BUILDING SUPPLY CASH BALANCE PLAN 2021 401k membership
Market value of plan assets2021-12-31742,581
Acturial value of plan assets2021-12-31742,581
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-313
Fundng target for terminated vested participants2021-12-314,133
Active participant vested funding target2021-12-31710,247
Number of active participants2021-12-3112
Total funding liabilities for active participants2021-12-31715,253
Total participant count2021-12-3115
Total funding target for all participants2021-12-31719,386
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-3144
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3144
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-310
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-310
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: SMART BUILDING SUPPLY CASH BALANCE PLAN 2020 401k membership
Market value of plan assets2020-12-31663,243
Acturial value of plan assets2020-12-31663,243
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-313
Fundng target for terminated vested participants2020-12-314,036
Active participant vested funding target2020-12-31703,442
Number of active participants2020-12-3112
Total funding liabilities for active participants2020-12-31708,484
Total participant count2020-12-3115
Total funding target for all participants2020-12-31712,520
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-3123
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3123
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-3111,051
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-3110,370
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-310
Net shortfall amortization installment of oustanding balance2020-12-3149,277
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3110,326
Additional cash requirement2020-12-3110,326
Contributions allocatedtoward minimum required contributions for current year2020-12-3110,370
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: SMART BUILDING SUPPLY CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-31636,824
Acturial value of plan assets2019-12-31636,824
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-312
Fundng target for terminated vested participants2019-12-31725
Active participant vested funding target2019-12-31678,727
Number of active participants2019-12-3113
Total funding liabilities for active participants2019-12-31683,173
Total participant count2019-12-3115
Total funding target for all participants2019-12-31683,898
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-318
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-318
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-319,505
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-318,888
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-310
Net shortfall amortization installment of oustanding balance2019-12-3147,074
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-318,865
Additional cash requirement2019-12-318,865
Contributions allocatedtoward minimum required contributions for current year2019-12-318,888
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: SMART BUILDING SUPPLY CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-31547,614
Acturial value of plan assets2018-12-31547,614
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-312
Fundng target for terminated vested participants2018-12-313,214
Active participant vested funding target2018-12-31601,422
Number of active participants2018-12-3114
Total funding liabilities for active participants2018-12-31607,069
Total participant count2018-12-3116
Total funding target for all participants2018-12-31610,283
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-3111,370
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-31718
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-3110,239
Unpaid minimum required contributions for all prior years2018-12-31718
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-31718
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-310
Net shortfall amortization installment of oustanding balance2018-12-3162,669
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3110,231
Additional cash requirement2018-12-3110,231
Contributions allocatedtoward minimum required contributions for current year2018-12-3110,239
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: SMART BUILDING SUPPLY CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-31402,524
Acturial value of plan assets2017-12-31402,524
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-311
Fundng target for terminated vested participants2017-12-311,645
Active participant vested funding target2017-12-31385,290
Number of active participants2017-12-3119
Total funding liabilities for active participants2017-12-31390,281
Total participant count2017-12-3120
Total funding target for all participants2017-12-31391,926
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
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 contributions2017-12-31473
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31473
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
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 contributions2017-12-31182,000
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 date2017-12-31174,926
Unpaid minimum required contributions for all prior years2017-12-310
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 cost2017-12-31186,242
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31175,644
Additional cash requirement2017-12-31175,644
Contributions allocatedtoward minimum required contributions for current year2017-12-31174,926
Unpaid minimum required contributions for current year2017-12-31718
Unpaid minimum required contributions for all years2017-12-31718
2016: SMART BUILDING SUPPLY CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-31196,088
Acturial value of plan assets2016-12-31196,088
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-310
Number of active participants2016-12-3123
Total funding liabilities for active participants2016-12-31185,960
Total participant count2016-12-3123
Total funding target for all participants2016-12-31185,960
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-3111,495
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3111,495
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31184,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31176,676
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31186,331
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31176,203
Additional cash requirement2016-12-31176,203
Contributions allocatedtoward minimum required contributions for current year2016-12-31176,676
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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