401k Plan data: OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN plan

OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 401k Plan overview

Plan Name	OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN
Plan identification number	002

OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

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).
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

OWENS-FISHER CONSTRUCTION, INC. has sponsored the creation of one or more 401k plans.

Company Name: OWENS-FISHER CONSTRUCTION, INC.

Employer identification number (EIN): 570803408

NAIC Classification: 237990
NAIC Description: Other Heavy and Civil Engineering Construction

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2020-07-01
002 2020-07-01
002 2019-07-01
002 2018-07-01
002 2017-07-01
002 2017-01-01 CLIFFORD FISHER III 2018-04-06

Plan Statistics for OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN

401k plan membership statisitcs for OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN

Measure Date Value
2020: OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2020 401k membership
Market value of plan assets 2020-06-30 418,154
Acturial value of plan assets 2020-06-30 418,154
Funding target for retired participants and beneficiaries receiving payment 2020-06-30 0
Number of terminated vested participants 2020-06-30 15
Fundng target for terminated vested participants 2020-06-30 18,141
Active participant vested funding target 2020-06-30 333,300
Number of active participants 2020-06-30 53
Total funding liabilities for active participants 2020-06-30 333,300
Total participant count 2020-06-30 68
Total funding target for all participants 2020-06-30 351,441
Balance at beginning of prior year after applicable adjustments 2020-06-30 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-06-30 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-06-30 0
Prefunding balanced used to offset prior years funding requirement 2020-06-30 0
Amount remaining of carryover balance 2020-06-30 0
Amount remaining of prefunding balance 2020-06-30 0
Present value of excess contributions 2020-06-30 15,080
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-06-30 15,986
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-06-30 0
Reductions in caryover balances due to elections or deemed elections 2020-06-30 0
Reductions in prefunding balances due to elections or deemed elections 2020-06-30 0
Balance of carryovers at beginning of current year 2020-06-30 0
Balance of prefunding at beginning of current year 2020-06-30 0
Total employer contributions 2020-06-30 69,649
Total employee contributions 2020-06-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-06-30 0
Contributions made to avoid restrictions adjusted to valuation date 2020-06-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-06-30 64,591
Unpaid minimum required contributions for all prior years 2020-06-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-06-30 0
Remaining amount of unpaid minimum required contributions 2020-06-30 0
Minimum required contributions for current year target normal cost 2020-06-30 54,739
Net shortfall amortization installment of oustanding balance 2020-06-30 0
Waiver amortization installment 2020-06-30 0
Total funding amount beforereflecting carryover/prefunding balances 2020-06-30 0
Carryover balance elected to use to offset funding requirement 2020-06-30 0
Prefunding balance elected to use to offset funding requirement 2020-06-30 0
Additional cash requirement 2020-06-30 0
Contributions allocatedtoward minimum required contributions for current year 2020-06-30 64,591
Unpaid minimum required contributions for current year 2020-06-30 0
Unpaid minimum required contributions for all years 2020-06-30 0
2019: OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2019 401k membership
Market value of plan assets 2019-06-30 300,454
Acturial value of plan assets 2019-06-30 300,454
Funding target for retired participants and beneficiaries receiving payment 2019-06-30 0
Number of terminated vested participants 2019-06-30 6
Fundng target for terminated vested participants 2019-06-30 4,614
Active participant vested funding target 2019-06-30 221,176
Number of active participants 2019-06-30 52
Total funding liabilities for active participants 2019-06-30 221,176
Total participant count 2019-06-30 58
Total funding target for all participants 2019-06-30 225,790
Balance at beginning of prior year after applicable adjustments 2019-06-30 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-06-30 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-06-30 0
Prefunding balanced used to offset prior years funding requirement 2019-06-30 0
Amount remaining of carryover balance 2019-06-30 0
Amount remaining of prefunding balance 2019-06-30 0
Present value of excess contributions 2019-06-30 34,612
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-06-30 36,568
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-06-30 0
Reductions in caryover balances due to elections or deemed elections 2019-06-30 0
Reductions in prefunding balances due to elections or deemed elections 2019-06-30 0
Balance of carryovers at beginning of current year 2019-06-30 0
Balance of prefunding at beginning of current year 2019-06-30 0
Total employer contributions 2019-06-30 106,283
Total employee contributions 2019-06-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-06-30 0
Contributions made to avoid restrictions adjusted to valuation date 2019-06-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-06-30 96,243
Unpaid minimum required contributions for all prior years 2019-06-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-06-30 0
Remaining amount of unpaid minimum required contributions 2019-06-30 0
Minimum required contributions for current year target normal cost 2019-06-30 155,827
Net shortfall amortization installment of oustanding balance 2019-06-30 0
Waiver amortization installment 2019-06-30 0
Total funding amount beforereflecting carryover/prefunding balances 2019-06-30 81,163
Carryover balance elected to use to offset funding requirement 2019-06-30 0
Prefunding balance elected to use to offset funding requirement 2019-06-30 0
Additional cash requirement 2019-06-30 81,163
Contributions allocatedtoward minimum required contributions for current year 2019-06-30 96,243
Unpaid minimum required contributions for current year 2019-06-30 0
Unpaid minimum required contributions for all years 2019-06-30 0
2018: OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets 2018-06-30 90,007
Acturial value of plan assets 2018-06-30 90,007
Funding target for retired participants and beneficiaries receiving payment 2018-06-30 0
Number of terminated vested participants 2018-06-30 0
Fundng target for terminated vested participants 2018-06-30 0
Active participant vested funding target 2018-06-30 79,847
Number of active participants 2018-06-30 43
Total funding liabilities for active participants 2018-06-30 79,847
Total participant count 2018-06-30 43
Total funding target for all participants 2018-06-30 79,847
Balance at beginning of prior year after applicable adjustments 2018-06-30 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-06-30 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-06-30 0
Prefunding balanced used to offset prior years funding requirement 2018-06-30 0
Amount remaining of carryover balance 2018-06-30 0
Amount remaining of prefunding balance 2018-06-30 0
Present value of excess contributions 2018-06-30 26,540
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-06-30 27,292
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-06-30 0
Reductions in caryover balances due to elections or deemed elections 2018-06-30 0
Reductions in prefunding balances due to elections or deemed elections 2018-06-30 0
Balance of carryovers at beginning of current year 2018-06-30 0
Balance of prefunding at beginning of current year 2018-06-30 0
Total employer contributions 2018-06-30 213,511
Total employee contributions 2018-06-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-06-30 0
Contributions made to avoid restrictions adjusted to valuation date 2018-06-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-06-30 191,221
Unpaid minimum required contributions for all prior years 2018-06-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-06-30 0
Remaining amount of unpaid minimum required contributions 2018-06-30 0
Minimum required contributions for current year target normal cost 2018-06-30 166,769
Net shortfall amortization installment of oustanding balance 2018-06-30 0
Waiver amortization installment 2018-06-30 0
Total funding amount beforereflecting carryover/prefunding balances 2018-06-30 156,609
Additional cash requirement 2018-06-30 156,609
Contributions allocatedtoward minimum required contributions for current year 2018-06-30 191,221
Unpaid minimum required contributions for current year 2018-06-30 0
Unpaid minimum required contributions for all years 2018-06-30 0
2017: OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2017 401k membership
Market value of plan assets 2017-06-30 0
Acturial value of plan assets 2017-06-30 0
Funding target for retired participants and beneficiaries receiving payment 2017-06-30 0
Number of terminated vested participants 2017-06-30 0
Fundng target for terminated vested participants 2017-06-30 0
Active participant vested funding target 2017-06-30 39,534
Number of active participants 2017-06-30 43
Total funding liabilities for active participants 2017-06-30 39,534
Total participant count 2017-06-30 43
Total funding target for all participants 2017-06-30 39,534
Amount remaining of carryover balance 2017-06-30 0
Amount remaining of prefunding balance 2017-06-30 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-06-30 0
Balance of carryovers at beginning of current year 2017-06-30 0
Balance of prefunding at beginning of current year 2017-06-30 0
Total employer contributions 2017-06-30 93,106
Total employee contributions 2017-06-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-06-30 0
Contributions made to avoid restrictions adjusted to valuation date 2017-06-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-06-30 87,550
Unpaid minimum required contributions for all prior years 2017-06-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-06-30 0
Remaining amount of unpaid minimum required contributions 2017-06-30 0
Minimum required contributions for current year target normal cost 2017-06-30 57,764
Net shortfall amortization installment of oustanding balance 2017-06-30 39,534
Waiver amortization installment 2017-06-30 0
Total funding amount beforereflecting carryover/prefunding balances 2017-06-30 61,010
Carryover balance elected to use to offset funding requirement 2017-06-30 0
Prefunding balance elected to use to offset funding requirement 2017-06-30 0
Additional cash requirement 2017-06-30 61,010
Contributions allocatedtoward minimum required contributions for current year 2017-06-30 87,550
Unpaid minimum required contributions for current year 2017-06-30 0
Unpaid minimum required contributions for all years 2017-06-30 0

Measure	Date	Value
2020: OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2020 401k membership
Market value of plan assets	2020-06-30	418,154
Acturial value of plan assets	2020-06-30	418,154
Funding target for retired participants and beneficiaries receiving payment	2020-06-30	0
Number of terminated vested participants	2020-06-30	15
Fundng target for terminated vested participants	2020-06-30	18,141
Active participant vested funding target	2020-06-30	333,300
Number of active participants	2020-06-30	53
Total funding liabilities for active participants	2020-06-30	333,300
Total participant count	2020-06-30	68
Total funding target for all participants	2020-06-30	351,441
Balance at beginning of prior year after applicable adjustments	2020-06-30	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-06-30	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-06-30	0
Prefunding balanced used to offset prior years funding requirement	2020-06-30	0
Amount remaining of carryover balance	2020-06-30	0
Amount remaining of prefunding balance	2020-06-30	0
Present value of excess contributions	2020-06-30	15,080
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-06-30	15,986
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-06-30	0
Reductions in caryover balances due to elections or deemed elections	2020-06-30	0
Reductions in prefunding balances due to elections or deemed elections	2020-06-30	0
Balance of carryovers at beginning of current year	2020-06-30	0
Balance of prefunding at beginning of current year	2020-06-30	0
Total employer contributions	2020-06-30	69,649
Total employee contributions	2020-06-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-06-30	0
Contributions made to avoid restrictions adjusted to valuation date	2020-06-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-06-30	64,591
Unpaid minimum required contributions for all prior years	2020-06-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-06-30	0
Remaining amount of unpaid minimum required contributions	2020-06-30	0
Minimum required contributions for current year target normal cost	2020-06-30	54,739
Net shortfall amortization installment of oustanding balance	2020-06-30	0
Waiver amortization installment	2020-06-30	0
Total funding amount beforereflecting carryover/prefunding balances	2020-06-30	0
Carryover balance elected to use to offset funding requirement	2020-06-30	0
Prefunding balance elected to use to offset funding requirement	2020-06-30	0
Additional cash requirement	2020-06-30	0
Contributions allocatedtoward minimum required contributions for current year	2020-06-30	64,591
Unpaid minimum required contributions for current year	2020-06-30	0
Unpaid minimum required contributions for all years	2020-06-30	0
2019: OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2019 401k membership
Market value of plan assets	2019-06-30	300,454
Acturial value of plan assets	2019-06-30	300,454
Funding target for retired participants and beneficiaries receiving payment	2019-06-30	0
Number of terminated vested participants	2019-06-30	6
Fundng target for terminated vested participants	2019-06-30	4,614
Active participant vested funding target	2019-06-30	221,176
Number of active participants	2019-06-30	52
Total funding liabilities for active participants	2019-06-30	221,176
Total participant count	2019-06-30	58
Total funding target for all participants	2019-06-30	225,790
Balance at beginning of prior year after applicable adjustments	2019-06-30	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-06-30	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-06-30	0
Prefunding balanced used to offset prior years funding requirement	2019-06-30	0
Amount remaining of carryover balance	2019-06-30	0
Amount remaining of prefunding balance	2019-06-30	0
Present value of excess contributions	2019-06-30	34,612
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-06-30	36,568
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-06-30	0
Reductions in caryover balances due to elections or deemed elections	2019-06-30	0
Reductions in prefunding balances due to elections or deemed elections	2019-06-30	0
Balance of carryovers at beginning of current year	2019-06-30	0
Balance of prefunding at beginning of current year	2019-06-30	0
Total employer contributions	2019-06-30	106,283
Total employee contributions	2019-06-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-06-30	0
Contributions made to avoid restrictions adjusted to valuation date	2019-06-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-06-30	96,243
Unpaid minimum required contributions for all prior years	2019-06-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-06-30	0
Remaining amount of unpaid minimum required contributions	2019-06-30	0
Minimum required contributions for current year target normal cost	2019-06-30	155,827
Net shortfall amortization installment of oustanding balance	2019-06-30	0
Waiver amortization installment	2019-06-30	0
Total funding amount beforereflecting carryover/prefunding balances	2019-06-30	81,163
Carryover balance elected to use to offset funding requirement	2019-06-30	0
Prefunding balance elected to use to offset funding requirement	2019-06-30	0
Additional cash requirement	2019-06-30	81,163
Contributions allocatedtoward minimum required contributions for current year	2019-06-30	96,243
Unpaid minimum required contributions for current year	2019-06-30	0
Unpaid minimum required contributions for all years	2019-06-30	0
2018: OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets	2018-06-30	90,007
Acturial value of plan assets	2018-06-30	90,007
Funding target for retired participants and beneficiaries receiving payment	2018-06-30	0
Number of terminated vested participants	2018-06-30	0
Fundng target for terminated vested participants	2018-06-30	0
Active participant vested funding target	2018-06-30	79,847
Number of active participants	2018-06-30	43
Total funding liabilities for active participants	2018-06-30	79,847
Total participant count	2018-06-30	43
Total funding target for all participants	2018-06-30	79,847
Balance at beginning of prior year after applicable adjustments	2018-06-30	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-06-30	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-06-30	0
Prefunding balanced used to offset prior years funding requirement	2018-06-30	0
Amount remaining of carryover balance	2018-06-30	0
Amount remaining of prefunding balance	2018-06-30	0
Present value of excess contributions	2018-06-30	26,540
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-06-30	27,292
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-06-30	0
Reductions in caryover balances due to elections or deemed elections	2018-06-30	0
Reductions in prefunding balances due to elections or deemed elections	2018-06-30	0
Balance of carryovers at beginning of current year	2018-06-30	0
Balance of prefunding at beginning of current year	2018-06-30	0
Total employer contributions	2018-06-30	213,511
Total employee contributions	2018-06-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-06-30	0
Contributions made to avoid restrictions adjusted to valuation date	2018-06-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-06-30	191,221
Unpaid minimum required contributions for all prior years	2018-06-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-06-30	0
Remaining amount of unpaid minimum required contributions	2018-06-30	0
Minimum required contributions for current year target normal cost	2018-06-30	166,769
Net shortfall amortization installment of oustanding balance	2018-06-30	0
Waiver amortization installment	2018-06-30	0
Total funding amount beforereflecting carryover/prefunding balances	2018-06-30	156,609
Additional cash requirement	2018-06-30	156,609
Contributions allocatedtoward minimum required contributions for current year	2018-06-30	191,221
Unpaid minimum required contributions for current year	2018-06-30	0
Unpaid minimum required contributions for all years	2018-06-30	0
2017: OWENS-FISHER CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2017 401k membership
Market value of plan assets	2017-06-30	0
Acturial value of plan assets	2017-06-30	0
Funding target for retired participants and beneficiaries receiving payment	2017-06-30	0
Number of terminated vested participants	2017-06-30	0
Fundng target for terminated vested participants	2017-06-30	0
Active participant vested funding target	2017-06-30	39,534
Number of active participants	2017-06-30	43
Total funding liabilities for active participants	2017-06-30	39,534
Total participant count	2017-06-30	43
Total funding target for all participants	2017-06-30	39,534
Amount remaining of carryover balance	2017-06-30	0
Amount remaining of prefunding balance	2017-06-30	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-06-30	0
Balance of carryovers at beginning of current year	2017-06-30	0
Balance of prefunding at beginning of current year	2017-06-30	0
Total employer contributions	2017-06-30	93,106
Total employee contributions	2017-06-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-06-30	0
Contributions made to avoid restrictions adjusted to valuation date	2017-06-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-06-30	87,550
Unpaid minimum required contributions for all prior years	2017-06-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-06-30	0
Remaining amount of unpaid minimum required contributions	2017-06-30	0
Minimum required contributions for current year target normal cost	2017-06-30	57,764
Net shortfall amortization installment of oustanding balance	2017-06-30	39,534
Waiver amortization installment	2017-06-30	0
Total funding amount beforereflecting carryover/prefunding balances	2017-06-30	61,010
Carryover balance elected to use to offset funding requirement	2017-06-30	0
Prefunding balance elected to use to offset funding requirement	2017-06-30	0
Additional cash requirement	2017-06-30	61,010
Contributions allocatedtoward minimum required contributions for current year	2017-06-30	87,550
Unpaid minimum required contributions for current year	2017-06-30	0
Unpaid minimum required contributions for all years	2017-06-30	0

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Company Name:	OWENS-FISHER CONSTRUCTION, INC.
Employer identification number (EIN):	570803408
NAIC Classification:	237990
NAIC Description:	Other Heavy and Civil Engineering Construction

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2020-07-01
002	2020-07-01
002	2019-07-01
002	2018-07-01
002	2017-07-01
002	2017-01-01	CLIFFORD FISHER III	2018-04-06