?>
Logo

VICON EQUIPMENT, INC. CASH BALANCE PLAN 401k Plan overview

Plan NameVICON EQUIPMENT, INC. CASH BALANCE PLAN
Plan identification number 002

VICON EQUIPMENT, INC. CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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).
  • 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

VICON EQUIPMENT, INC. has sponsored the creation of one or more 401k plans.

Company Name:VICON EQUIPMENT, INC.
Employer identification number (EIN):760189867
NAIC Classification:333900

Additional information about VICON EQUIPMENT, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1986-06-12
Company Identification Number: 0100113500
Legal Registered Office Address: 7532 FAIRVIEW ST

HOUSTON
United States of America (USA)
77041

More information about VICON EQUIPMENT, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VICON EQUIPMENT, INC. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-07-01
0022021-07-01
0022020-07-01DONALD SWEAT2021-09-26
0022019-07-01DONALD SWEAT2020-09-13
0022018-07-01DONALD SWEAT2019-10-02
0022017-07-01DONALD SWEAT2018-11-01
0022016-07-01DONALD SWEAT2017-09-20
0022015-07-01DONALD SWEAT2016-09-21
0022014-07-01DONALD SWEAT2015-09-22
0022013-07-01DONALD SWEAT2014-09-02
0022012-07-01DONALD SWEAT2013-09-25
0022011-07-01DONALD SWEAT2013-09-25
0022010-07-01DONALD SWEAT2012-04-04

Plan Statistics for VICON EQUIPMENT, INC. CASH BALANCE PLAN

401k plan membership statisitcs for VICON EQUIPMENT, INC. CASH BALANCE PLAN

Measure Date Value
2023: VICON EQUIPMENT, INC. CASH BALANCE PLAN 2023 401k membership
Market value of plan assets2023-06-303,609,621
Acturial value of plan assets2023-06-303,609,621
Funding target for retired participants and beneficiaries receiving payment2023-06-300
Number of terminated vested participants2023-06-300
Fundng target for terminated vested participants2023-06-300
Active participant vested funding target2023-06-303,558,261
Number of active participants2023-06-3022
Total funding liabilities for active participants2023-06-303,573,444
Total participant count2023-06-3022
Total funding target for all participants2023-06-303,573,444
Balance at beginning of prior year after applicable adjustments2023-06-300
Prefunding balance at beginning of prior year after applicable adjustments2023-06-30319,780
Carryover balanced portion elected for use to offset prior years funding requirement2023-06-300
Prefunding balanced used to offset prior years funding requirement2023-06-3012,901
Amount remaining of carryover balance2023-06-300
Amount remaining of prefunding balance2023-06-30306,879
Present value of excess contributions2023-06-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2023-06-300
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2023-06-300
Reductions in caryover balances due to elections or deemed elections2023-06-300
Reductions in prefunding balances due to elections or deemed elections2023-06-300
Balance of carryovers at beginning of current year2023-06-300
Balance of prefunding at beginning of current year2023-06-30260,786
Total employer contributions2023-06-30172,193
Total employee contributions2023-06-300
Contributions allocated toward unpaid minimum require contributions from prior years2023-06-300
Contributions made to avoid restrictions adjusted to valuation date2023-06-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2023-06-30163,369
Unpaid minimum required contributions for all prior years2023-06-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2023-06-300
Remaining amount of unpaid minimum required contributions2023-06-300
Minimum required contributions for current year target normal cost2023-06-30210,898
Net shortfall amortization installment of oustanding balance2023-06-30224,609
Waiver amortization installment2023-06-300
Total funding amount beforereflecting carryover/prefunding balances2023-06-30233,305
Carryover balance elected to use to offset funding requirement2023-06-300
Prefunding balance elected to use to offset funding requirement2023-06-3070,948
Additional cash requirement2023-06-30162,357
Contributions allocatedtoward minimum required contributions for current year2023-06-30163,369
Unpaid minimum required contributions for current year2023-06-300
Unpaid minimum required contributions for all years2023-06-300
2022: VICON EQUIPMENT, INC. CASH BALANCE PLAN 2022 401k membership
Market value of plan assets2022-06-303,140,497
Acturial value of plan assets2022-06-303,140,497
Funding target for retired participants and beneficiaries receiving payment2022-06-300
Number of terminated vested participants2022-06-300
Fundng target for terminated vested participants2022-06-300
Active participant vested funding target2022-06-303,183,571
Number of active participants2022-06-3023
Total funding liabilities for active participants2022-06-303,196,121
Total participant count2022-06-3023
Total funding target for all participants2022-06-303,196,121
Balance at beginning of prior year after applicable adjustments2022-06-300
Prefunding balance at beginning of prior year after applicable adjustments2022-06-30252,671
Carryover balanced portion elected for use to offset prior years funding requirement2022-06-300
Prefunding balanced used to offset prior years funding requirement2022-06-300
Amount remaining of carryover balance2022-06-300
Amount remaining of prefunding balance2022-06-30252,671
Present value of excess contributions2022-06-30372,760
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-06-30372,760
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-06-300
Reductions in caryover balances due to elections or deemed elections2022-06-300
Reductions in prefunding balances due to elections or deemed elections2022-06-300
Balance of carryovers at beginning of current year2022-06-300
Balance of prefunding at beginning of current year2022-06-30319,780
Total employer contributions2022-06-30475,508
Total employee contributions2022-06-300
Contributions allocated toward unpaid minimum require contributions from prior years2022-06-300
Contributions made to avoid restrictions adjusted to valuation date2022-06-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-06-30469,053
Unpaid minimum required contributions for all prior years2022-06-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-06-300
Remaining amount of unpaid minimum required contributions2022-06-300
Minimum required contributions for current year target normal cost2022-06-30445,986
Net shortfall amortization installment of oustanding balance2022-06-30393,632
Waiver amortization installment2022-06-300
Total funding amount beforereflecting carryover/prefunding balances2022-06-30482,689
Carryover balance elected to use to offset funding requirement2022-06-300
Prefunding balance elected to use to offset funding requirement2022-06-3013,636
Additional cash requirement2022-06-30469,053
Contributions allocatedtoward minimum required contributions for current year2022-06-30469,053
Unpaid minimum required contributions for current year2022-06-300
Unpaid minimum required contributions for all years2022-06-300
2021: VICON EQUIPMENT, INC. CASH BALANCE PLAN 2021 401k membership
Market value of plan assets2021-06-303,551,713
Acturial value of plan assets2021-06-303,551,713
Funding target for retired participants and beneficiaries receiving payment2021-06-300
Number of terminated vested participants2021-06-300
Fundng target for terminated vested participants2021-06-300
Active participant vested funding target2021-06-302,925,421
Number of active participants2021-06-3023
Total funding liabilities for active participants2021-06-302,927,011
Total participant count2021-06-3023
Total funding target for all participants2021-06-302,927,011
Balance at beginning of prior year after applicable adjustments2021-06-300
Prefunding balance at beginning of prior year after applicable adjustments2021-06-30251,915
Carryover balanced portion elected for use to offset prior years funding requirement2021-06-300
Prefunding balanced used to offset prior years funding requirement2021-06-300
Amount remaining of carryover balance2021-06-300
Amount remaining of prefunding balance2021-06-30251,915
Present value of excess contributions2021-06-3024,220
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-06-3024,220
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-06-300
Reductions in caryover balances due to elections or deemed elections2021-06-300
Reductions in prefunding balances due to elections or deemed elections2021-06-300
Balance of carryovers at beginning of current year2021-06-300
Balance of prefunding at beginning of current year2021-06-30252,671
Total employer contributions2021-06-30469,522
Total employee contributions2021-06-300
Contributions allocated toward unpaid minimum require contributions from prior years2021-06-300
Contributions made to avoid restrictions adjusted to valuation date2021-06-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-06-30463,043
Liquidity shortfalls end of Q12021-06-300
Liquidity shortfalls end of Q22021-06-300
Liquidity shortfalls end of Q32021-06-300
Liquidity shortfalls end of Q42021-06-300
Unpaid minimum required contributions for all prior years2021-06-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-06-300
Remaining amount of unpaid minimum required contributions2021-06-300
Minimum required contributions for current year target normal cost2021-06-30448,341
Net shortfall amortization installment of oustanding balance2021-06-300
Waiver amortization installment2021-06-300
Total funding amount beforereflecting carryover/prefunding balances2021-06-3090,283
Carryover balance elected to use to offset funding requirement2021-06-300
Prefunding balance elected to use to offset funding requirement2021-06-300
Additional cash requirement2021-06-3090,283
Contributions allocatedtoward minimum required contributions for current year2021-06-30463,043
Unpaid minimum required contributions for current year2021-06-300
Unpaid minimum required contributions for all years2021-06-300
2020: VICON EQUIPMENT, INC. CASH BALANCE PLAN 2020 401k membership
Market value of plan assets2020-06-302,367,949
Acturial value of plan assets2020-06-302,367,949
Funding target for retired participants and beneficiaries receiving payment2020-06-300
Number of terminated vested participants2020-06-300
Fundng target for terminated vested participants2020-06-300
Active participant vested funding target2020-06-302,294,491
Number of active participants2020-06-3021
Total funding liabilities for active participants2020-06-302,301,616
Total participant count2020-06-3021
Total funding target for all participants2020-06-302,301,616
Balance at beginning of prior year after applicable adjustments2020-06-300
Prefunding balance at beginning of prior year after applicable adjustments2020-06-30238,714
Carryover balanced portion elected for use to offset prior years funding requirement2020-06-300
Prefunding balanced used to offset prior years funding requirement2020-06-300
Amount remaining of carryover balance2020-06-300
Amount remaining of prefunding balance2020-06-30238,714
Present value of excess contributions2020-06-3021,736
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-06-3021,736
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-06-300
Reductions in caryover balances due to elections or deemed elections2020-06-300
Reductions in prefunding balances due to elections or deemed elections2020-06-300
Balance of carryovers at beginning of current year2020-06-300
Balance of prefunding at beginning of current year2020-06-30251,915
Total employer contributions2020-06-30456,287
Total employee contributions2020-06-300
Contributions allocated toward unpaid minimum require contributions from prior years2020-06-300
Contributions made to avoid restrictions adjusted to valuation date2020-06-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-06-30452,003
Unpaid minimum required contributions for all prior years2020-06-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-06-300
Remaining amount of unpaid minimum required contributions2020-06-300
Minimum required contributions for current year target normal cost2020-06-30427,783
Net shortfall amortization installment of oustanding balance2020-06-300
Waiver amortization installment2020-06-300
Total funding amount beforereflecting carryover/prefunding balances2020-06-30427,783
Carryover balance elected to use to offset funding requirement2020-06-300
Prefunding balance elected to use to offset funding requirement2020-06-300
Additional cash requirement2020-06-30427,783
Contributions allocatedtoward minimum required contributions for current year2020-06-30452,003
Unpaid minimum required contributions for current year2020-06-300
Unpaid minimum required contributions for all years2020-06-300
2019: VICON EQUIPMENT, INC. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-06-301,952,677
Acturial value of plan assets2019-06-301,952,677
Funding target for retired participants and beneficiaries receiving payment2019-06-300
Number of terminated vested participants2019-06-302
Fundng target for terminated vested participants2019-06-3069,387
Active participant vested funding target2019-06-301,347,718
Number of active participants2019-06-3020
Total funding liabilities for active participants2019-06-301,490,225
Total participant count2019-06-3022
Total funding target for all participants2019-06-301,559,612
Balance at beginning of prior year after applicable adjustments2019-06-300
Prefunding balance at beginning of prior year after applicable adjustments2019-06-30221,052
Carryover balanced portion elected for use to offset prior years funding requirement2019-06-300
Prefunding balanced used to offset prior years funding requirement2019-06-300
Amount remaining of carryover balance2019-06-300
Amount remaining of prefunding balance2019-06-30221,052
Present value of excess contributions2019-06-3032,022
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-06-3032,022
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-06-300
Reductions in caryover balances due to elections or deemed elections2019-06-300
Reductions in prefunding balances due to elections or deemed elections2019-06-300
Balance of carryovers at beginning of current year2019-06-300
Balance of prefunding at beginning of current year2019-06-30238,714
Total employer contributions2019-06-30438,190
Total employee contributions2019-06-300
Contributions allocated toward unpaid minimum require contributions from prior years2019-06-300
Contributions made to avoid restrictions adjusted to valuation date2019-06-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-06-30426,191
Liquidity shortfalls end of Q12019-06-300
Liquidity shortfalls end of Q22019-06-300
Liquidity shortfalls end of Q32019-06-300
Liquidity shortfalls end of Q42019-06-300
Unpaid minimum required contributions for all prior years2019-06-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-06-300
Remaining amount of unpaid minimum required contributions2019-06-300
Minimum required contributions for current year target normal cost2019-06-30401,208
Net shortfall amortization installment of oustanding balance2019-06-300
Waiver amortization installment2019-06-300
Total funding amount beforereflecting carryover/prefunding balances2019-06-30260,893
Carryover balance elected to use to offset funding requirement2019-06-300
Prefunding balance elected to use to offset funding requirement2019-06-300
Additional cash requirement2019-06-30260,893
Contributions allocatedtoward minimum required contributions for current year2019-06-30426,191
Unpaid minimum required contributions for current year2019-06-300
Unpaid minimum required contributions for all years2019-06-300
2018: VICON EQUIPMENT, INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-06-301,524,188
Acturial value of plan assets2018-06-301,524,188
Funding target for retired participants and beneficiaries receiving payment2018-06-300
Number of terminated vested participants2018-06-303
Fundng target for terminated vested participants2018-06-3078,839
Active participant vested funding target2018-06-301,234,610
Number of active participants2018-06-3019
Total funding liabilities for active participants2018-06-301,234,610
Total participant count2018-06-3022
Total funding target for all participants2018-06-301,313,449
Balance at beginning of prior year after applicable adjustments2018-06-300
Prefunding balance at beginning of prior year after applicable adjustments2018-06-30200,319
Carryover balanced portion elected for use to offset prior years funding requirement2018-06-300
Prefunding balanced used to offset prior years funding requirement2018-06-300
Amount remaining of carryover balance2018-06-300
Amount remaining of prefunding balance2018-06-30200,319
Present value of excess contributions2018-06-3027,242
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-06-3027,242
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-06-300
Reductions in caryover balances due to elections or deemed elections2018-06-300
Reductions in prefunding balances due to elections or deemed elections2018-06-300
Balance of carryovers at beginning of current year2018-06-300
Balance of prefunding at beginning of current year2018-06-30221,052
Total employer contributions2018-06-30426,004
Total employee contributions2018-06-300
Contributions allocated toward unpaid minimum require contributions from prior years2018-06-300
Contributions made to avoid restrictions adjusted to valuation date2018-06-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-06-30412,537
Liquidity shortfalls end of Q12018-06-300
Liquidity shortfalls end of Q22018-06-300
Liquidity shortfalls end of Q32018-06-300
Liquidity shortfalls end of Q42018-06-300
Unpaid minimum required contributions for all prior years2018-06-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-06-300
Remaining amount of unpaid minimum required contributions2018-06-300
Minimum required contributions for current year target normal cost2018-06-30380,515
Net shortfall amortization installment of oustanding balance2018-06-300
Waiver amortization installment2018-06-300
Total funding amount beforereflecting carryover/prefunding balances2018-06-30380,515
Carryover balance elected to use to offset funding requirement2018-06-300
Prefunding balance elected to use to offset funding requirement2018-06-300
Additional cash requirement2018-06-30380,515
Contributions allocatedtoward minimum required contributions for current year2018-06-30412,537
Unpaid minimum required contributions for current year2018-06-300
Unpaid minimum required contributions for all years2018-06-300
2017: VICON EQUIPMENT, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-06-301,234,465
Acturial value of plan assets2017-06-301,234,465
Funding target for retired participants and beneficiaries receiving payment2017-06-300
Number of terminated vested participants2017-06-303
Fundng target for terminated vested participants2017-06-3066,039
Active participant vested funding target2017-06-30980,018
Number of active participants2017-06-3014
Total funding liabilities for active participants2017-06-30980,018
Total participant count2017-06-3017
Total funding target for all participants2017-06-301,046,057
Balance at beginning of prior year after applicable adjustments2017-06-300
Prefunding balance at beginning of prior year after applicable adjustments2017-06-30206,408
Carryover balanced portion elected for use to offset prior years funding requirement2017-06-300
Prefunding balanced used to offset prior years funding requirement2017-06-300
Amount remaining of carryover balance2017-06-300
Amount remaining of prefunding balance2017-06-30206,408
Present value of excess contributions2017-06-3033,830
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-06-3033,830
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-06-300
Reductions in caryover balances due to elections or deemed elections2017-06-300
Reductions in prefunding balances due to elections or deemed elections2017-06-300
Balance of carryovers at beginning of current year2017-06-300
Balance of prefunding at beginning of current year2017-06-30200,319
Total employer contributions2017-06-30201,014
Total employee contributions2017-06-300
Contributions allocated toward unpaid minimum require contributions from prior years2017-06-300
Contributions made to avoid restrictions adjusted to valuation date2017-06-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-06-30194,990
Liquidity shortfalls end of Q12017-06-300
Liquidity shortfalls end of Q22017-06-300
Liquidity shortfalls end of Q32017-06-300
Liquidity shortfalls end of Q42017-06-300
Unpaid minimum required contributions for all prior years2017-06-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-06-300
Remaining amount of unpaid minimum required contributions2017-06-300
Minimum required contributions for current year target normal cost2017-06-30167,748
Net shortfall amortization installment of oustanding balance2017-06-300
Waiver amortization installment2017-06-300
Waived amount of outstanding balance2017-06-300
Total funding amount beforereflecting carryover/prefunding balances2017-06-30167,748
Carryover balance elected to use to offset funding requirement2017-06-300
Prefunding balance elected to use to offset funding requirement2017-06-300
Additional cash requirement2017-06-30167,748
Contributions allocatedtoward minimum required contributions for current year2017-06-30194,990
Unpaid minimum required contributions for current year2017-06-300
Unpaid minimum required contributions for all years2017-06-300

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3