401k Plan data: QUADRANT EPP BARGAINING UNIT RETIREMENT PLAN plan

QUADRANT EPP BARGAINING UNIT RETIREMENT PLAN 401k Plan overview

Plan Name	QUADRANT EPP BARGAINING UNIT RETIREMENT PLAN
Plan identification number	007

QUADRANT EPP BARGAINING UNIT RETIREMENT PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related 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

MITSUBISHI CHEMICAL ADVANCED MATERIALS INC. has sponsored the creation of one or more 401k plans.

Company Name: MITSUBISHI CHEMICAL ADVANCED MATERIALS INC.

Employer identification number (EIN): 510406796

NAIC Classification: 326100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan QUADRANT EPP BARGAINING UNIT RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
007 2021-01-01 KELLY EDWARDS 2022-10-17
007 2020-01-01 KELLY EDWARDS 2021-10-11
007 2019-01-01 KELLY EDWARDS 2020-10-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
007	2021-01-01	KELLY EDWARDS	2022-10-17
007	2020-01-01	KELLY EDWARDS	2021-10-11
007	2019-01-01	KELLY EDWARDS	2020-10-15

Plan Statistics for QUADRANT EPP BARGAINING UNIT RETIREMENT PLAN

401k plan membership statisitcs for QUADRANT EPP BARGAINING UNIT RETIREMENT PLAN

Measure Date Value
2020: QUADRANT EPP BARGAINING UNIT RETIREMENT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 4,641,205
Acturial value of plan assets 2020-12-31 4,403,524
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 2,780,436
Number of terminated vested participants 2020-12-31 12
Fundng target for terminated vested participants 2020-12-31 438,568
Active participant vested funding target 2020-12-31 889,935
Number of active participants 2020-12-31 22
Total funding liabilities for active participants 2020-12-31 897,530
Total participant count 2020-12-31 71
Total funding target for all participants 2020-12-31 4,116,534
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 84,433
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 84,433
Present value of excess contributions 2020-12-31 94,924
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 100,211
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
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 2020-12-31 102,907
Total employer contributions 2020-12-31 500,000
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 2020-12-31 479,069
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 53,000
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 479,069
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: QUADRANT EPP BARGAINING UNIT RETIREMENT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 3,920,484
Acturial value of plan assets 2019-12-31 4,124,498
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 2,514,946
Number of terminated vested participants 2019-12-31 12
Fundng target for terminated vested participants 2019-12-31 438,576
Active participant vested funding target 2019-12-31 1,078,763
Number of active participants 2019-12-31 25
Total funding liabilities for active participants 2019-12-31 1,086,543
Total participant count 2019-12-31 71
Total funding target for all participants 2019-12-31 4,040,065
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 191,101
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 2019-12-31 191,101
Present value of excess contributions 2019-12-31 58,079
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 61,419
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 95,603
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 84,433
Total employer contributions 2019-12-31 155,000
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 2019-12-31 145,924
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 51,000
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 51,000
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 51,000
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 145,924
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0

Measure	Date	Value
2020: QUADRANT EPP BARGAINING UNIT RETIREMENT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	4,641,205
Acturial value of plan assets	2020-12-31	4,403,524
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	2,780,436
Number of terminated vested participants	2020-12-31	12
Fundng target for terminated vested participants	2020-12-31	438,568
Active participant vested funding target	2020-12-31	889,935
Number of active participants	2020-12-31	22
Total funding liabilities for active participants	2020-12-31	897,530
Total participant count	2020-12-31	71
Total funding target for all participants	2020-12-31	4,116,534
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	84,433
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	84,433
Present value of excess contributions	2020-12-31	94,924
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	100,211
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
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	102,907
Total employer contributions	2020-12-31	500,000
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	479,069
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	53,000
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	479,069
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: QUADRANT EPP BARGAINING UNIT RETIREMENT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	3,920,484
Acturial value of plan assets	2019-12-31	4,124,498
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	2,514,946
Number of terminated vested participants	2019-12-31	12
Fundng target for terminated vested participants	2019-12-31	438,576
Active participant vested funding target	2019-12-31	1,078,763
Number of active participants	2019-12-31	25
Total funding liabilities for active participants	2019-12-31	1,086,543
Total participant count	2019-12-31	71
Total funding target for all participants	2019-12-31	4,040,065
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	191,101
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	191,101
Present value of excess contributions	2019-12-31	58,079
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	61,419
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	95,603
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	84,433
Total employer contributions	2019-12-31	155,000
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	145,924
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	51,000
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	51,000
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	51,000
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	145,924
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0

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Company Name:	MITSUBISHI CHEMICAL ADVANCED MATERIALS INC.
Employer identification number (EIN):	510406796
NAIC Classification:	326100