401k Plan data: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN plan

OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan Name	OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN
Plan identification number	001

OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
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).
Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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 LEASING, INC. has sponsored the creation of one or more 401k plans.

Company Name: OWENS LEASING, INC.

Employer identification number (EIN): 760317633

NAIC Classification: 484120
NAIC Description: General Freight Trucking, Long-Distance

Additional information about OWENS LEASING, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 1990-09-13

Company Identification Number: 0116595500

Legal Registered Office Address: 2171 APACHE XING

LEAGUE CITY
United States of America (USA)
77573

More information about OWENS LEASING, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 PHIL TISUE 2019-05-10
001 2018-01-01
001 2017-01-01
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2014-01-01 WINNIE PHUNG 2015-10-15
001 2013-01-01 UYEN PHUNG 2014-09-24
001 2012-01-01 CHARLES R. OWENS 2013-09-20
001 2011-01-01 CHARLES R. OWENS 2012-09-05
001 2010-01-01 CHARLES R. OWENS 2011-07-01
001 2008-01-01 KARLA ARTHUR

Plan Statistics for OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2021: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets 2021-04-30 1,138,202
Acturial value of plan assets 2021-04-30 1,138,202
Funding target for retired participants and beneficiaries receiving payment 2021-04-30 0
Number of terminated vested participants 2021-04-30 1
Fundng target for terminated vested participants 2021-04-30 482,005
Active participant vested funding target 2021-04-30 651,093
Number of active participants 2021-04-30 7
Total funding liabilities for active participants 2021-04-30 651,093
Total participant count 2021-04-30 8
Total funding target for all participants 2021-04-30 1,133,098
Balance at beginning of prior year after applicable adjustments 2021-04-30 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-04-30 16,339
Carryover balanced portion elected for use to offset prior years funding requirement 2021-04-30 0
Prefunding balanced used to offset prior years funding requirement 2021-04-30 0
Amount remaining of carryover balance 2021-04-30 0
Amount remaining of prefunding balance 2021-04-30 16,339
Present value of excess contributions 2021-04-30 133,643
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-04-30 142,022
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-04-30 142,022
Reductions in caryover balances due to elections or deemed elections 2021-04-30 0
Reductions in prefunding balances due to elections or deemed elections 2021-04-30 0
Balance of carryovers at beginning of current year 2021-04-30 0
Balance of prefunding at beginning of current year 2021-04-30 160,379
Total employer contributions 2021-04-30 0
Total employee contributions 2021-04-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-04-30 0
Contributions made to avoid restrictions adjusted to valuation date 2021-04-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-04-30 0
Unpaid minimum required contributions for all prior years 2021-04-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-04-30 0
Remaining amount of unpaid minimum required contributions 2021-04-30 0
Minimum required contributions for current year target normal cost 2021-04-30 0
Net shortfall amortization installment of oustanding balance 2021-04-30 155,275
Waiver amortization installment 2021-04-30 0
Total funding amount beforereflecting carryover/prefunding balances 2021-04-30 11,748
Carryover balance elected to use to offset funding requirement 2021-04-30 0
Prefunding balance elected to use to offset funding requirement 2021-04-30 11,748
Additional cash requirement 2021-04-30 0
Contributions allocatedtoward minimum required contributions for current year 2021-04-30 0
Unpaid minimum required contributions for current year 2021-04-30 0
Unpaid minimum required contributions for all years 2021-04-30 0
2020: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 852,947
Acturial value of plan assets 2020-12-31 852,947
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 1
Fundng target for terminated vested participants 2020-12-31 453,355
Active participant vested funding target 2020-12-31 592,405
Number of active participants 2020-12-31 7
Total funding liabilities for active participants 2020-12-31 592,405
Total participant count 2020-12-31 8
Total funding target for all participants 2020-12-31 1,045,760
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 88,705
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 88,705
Present value of excess contributions 2020-12-31 65,603
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 69,362
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 69,362
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 153,694
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 16,339
Total employer contributions 2020-12-31 185,798
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 2020-12-31 172,822
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 0
Net shortfall amortization installment of oustanding balance 2020-12-31 209,152
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 39,179
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 39,179
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 172,822
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 670,770
Acturial value of plan assets 2019-12-31 670,770
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 1
Fundng target for terminated vested participants 2019-12-31 294,164
Active participant vested funding target 2019-12-31 433,413
Number of active participants 2019-12-31 7
Total funding liabilities for active participants 2019-12-31 433,413
Total participant count 2019-12-31 8
Total funding target for all participants 2019-12-31 727,577
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 21,175
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 21,175
Present value of excess contributions 2019-12-31 84,702
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 89,657
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 89,657
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 21,229
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 88,705
Total employer contributions 2019-12-31 100,000
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 90,763
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 0
Net shortfall amortization installment of oustanding balance 2019-12-31 145,512
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 25,160
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 25,160
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 90,763
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 912,841
Acturial value of plan assets 2018-12-31 912,841
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 2
Fundng target for terminated vested participants 2018-12-31 495,202
Active participant vested funding target 2018-12-31 397,239
Number of active participants 2018-12-31 7
Total funding liabilities for active participants 2018-12-31 397,239
Total participant count 2018-12-31 9
Total funding target for all participants 2018-12-31 892,441
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 13,374
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 13,374
Present value of excess contributions 2018-12-31 6,638
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 7,038
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 7,038
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 21,176
Total employer contributions 2018-12-31 100,000
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 90,912
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 0
Net shortfall amortization installment of oustanding balance 2018-12-31 33,542
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 6,210
Additional cash requirement 2018-12-31 6,210
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 90,912
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 802,782
Acturial value of plan assets 2017-12-31 802,782
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 0
Fundng target for terminated vested participants 2017-12-31 0
Active participant vested funding target 2017-12-31 825,448
Number of active participants 2017-12-31 9
Total funding liabilities for active participants 2017-12-31 827,226
Total participant count 2017-12-31 9
Total funding target for all participants 2017-12-31 827,226
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 3,938
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 3,938
Present value of excess contributions 2017-12-31 8,739
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 9,280
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 9,280
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 13,374
Total employer contributions 2017-12-31 30,000
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 27,151
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 30,594
Net shortfall amortization installment of oustanding balance 2017-12-31 37,818
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 36,804
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 9,653
Additional cash requirement 2017-12-31 27,151
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 27,151
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 734,699
Acturial value of plan assets 2016-12-31 734,699
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 0
Fundng target for terminated vested participants 2016-12-31 0
Active participant vested funding target 2016-12-31 717,124
Number of active participants 2016-12-31 9
Total funding liabilities for active participants 2016-12-31 719,269
Total participant count 2016-12-31 9
Total funding target for all participants 2016-12-31 719,269
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 2,829
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 2,829
Present value of excess contributions 2016-12-31 1,018
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 1,083
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 1,083
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 3,938
Total employer contributions 2016-12-31 40,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 35,101
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 37,854
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 26,362
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 26,362
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 35,101
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
2008: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2008 401k membership
Total participants, beginning-of-year 2008-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2008-01-01 5
Number of retired or separated participants receiving benefits 2008-01-01 0
Number of other retired or separated participants entitled to future benefits 2008-01-01 0
Total of all active and inactive participants 2008-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2008-01-01 0
Total participants 2008-01-01 5
Number of participants with account balances 2008-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2008-01-01 0

Measure	Date	Value
2021: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets	2021-04-30	1,138,202
Acturial value of plan assets	2021-04-30	1,138,202
Funding target for retired participants and beneficiaries receiving payment	2021-04-30	0
Number of terminated vested participants	2021-04-30	1
Fundng target for terminated vested participants	2021-04-30	482,005
Active participant vested funding target	2021-04-30	651,093
Number of active participants	2021-04-30	7
Total funding liabilities for active participants	2021-04-30	651,093
Total participant count	2021-04-30	8
Total funding target for all participants	2021-04-30	1,133,098
Balance at beginning of prior year after applicable adjustments	2021-04-30	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-04-30	16,339
Carryover balanced portion elected for use to offset prior years funding requirement	2021-04-30	0
Prefunding balanced used to offset prior years funding requirement	2021-04-30	0
Amount remaining of carryover balance	2021-04-30	0
Amount remaining of prefunding balance	2021-04-30	16,339
Present value of excess contributions	2021-04-30	133,643
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-04-30	142,022
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-04-30	142,022
Reductions in caryover balances due to elections or deemed elections	2021-04-30	0
Reductions in prefunding balances due to elections or deemed elections	2021-04-30	0
Balance of carryovers at beginning of current year	2021-04-30	0
Balance of prefunding at beginning of current year	2021-04-30	160,379
Total employer contributions	2021-04-30	0
Total employee contributions	2021-04-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-04-30	0
Contributions made to avoid restrictions adjusted to valuation date	2021-04-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-04-30	0
Unpaid minimum required contributions for all prior years	2021-04-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-04-30	0
Remaining amount of unpaid minimum required contributions	2021-04-30	0
Minimum required contributions for current year target normal cost	2021-04-30	0
Net shortfall amortization installment of oustanding balance	2021-04-30	155,275
Waiver amortization installment	2021-04-30	0
Total funding amount beforereflecting carryover/prefunding balances	2021-04-30	11,748
Carryover balance elected to use to offset funding requirement	2021-04-30	0
Prefunding balance elected to use to offset funding requirement	2021-04-30	11,748
Additional cash requirement	2021-04-30	0
Contributions allocatedtoward minimum required contributions for current year	2021-04-30	0
Unpaid minimum required contributions for current year	2021-04-30	0
Unpaid minimum required contributions for all years	2021-04-30	0
2020: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	852,947
Acturial value of plan assets	2020-12-31	852,947
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	1
Fundng target for terminated vested participants	2020-12-31	453,355
Active participant vested funding target	2020-12-31	592,405
Number of active participants	2020-12-31	7
Total funding liabilities for active participants	2020-12-31	592,405
Total participant count	2020-12-31	8
Total funding target for all participants	2020-12-31	1,045,760
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	88,705
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	88,705
Present value of excess contributions	2020-12-31	65,603
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	69,362
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	69,362
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	153,694
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	16,339
Total employer contributions	2020-12-31	185,798
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	172,822
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	0
Net shortfall amortization installment of oustanding balance	2020-12-31	209,152
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	39,179
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	39,179
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	172,822
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	670,770
Acturial value of plan assets	2019-12-31	670,770
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	1
Fundng target for terminated vested participants	2019-12-31	294,164
Active participant vested funding target	2019-12-31	433,413
Number of active participants	2019-12-31	7
Total funding liabilities for active participants	2019-12-31	433,413
Total participant count	2019-12-31	8
Total funding target for all participants	2019-12-31	727,577
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	21,175
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	21,175
Present value of excess contributions	2019-12-31	84,702
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	89,657
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	89,657
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	21,229
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	88,705
Total employer contributions	2019-12-31	100,000
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	90,763
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	0
Net shortfall amortization installment of oustanding balance	2019-12-31	145,512
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	25,160
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	25,160
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	90,763
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	912,841
Acturial value of plan assets	2018-12-31	912,841
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	2
Fundng target for terminated vested participants	2018-12-31	495,202
Active participant vested funding target	2018-12-31	397,239
Number of active participants	2018-12-31	7
Total funding liabilities for active participants	2018-12-31	397,239
Total participant count	2018-12-31	9
Total funding target for all participants	2018-12-31	892,441
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	13,374
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	13,374
Present value of excess contributions	2018-12-31	6,638
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	7,038
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	7,038
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	21,176
Total employer contributions	2018-12-31	100,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	90,912
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	0
Net shortfall amortization installment of oustanding balance	2018-12-31	33,542
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	6,210
Additional cash requirement	2018-12-31	6,210
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	90,912
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	802,782
Acturial value of plan assets	2017-12-31	802,782
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	0
Fundng target for terminated vested participants	2017-12-31	0
Active participant vested funding target	2017-12-31	825,448
Number of active participants	2017-12-31	9
Total funding liabilities for active participants	2017-12-31	827,226
Total participant count	2017-12-31	9
Total funding target for all participants	2017-12-31	827,226
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	3,938
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	3,938
Present value of excess contributions	2017-12-31	8,739
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	9,280
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	9,280
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	13,374
Total employer contributions	2017-12-31	30,000
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	27,151
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	30,594
Net shortfall amortization installment of oustanding balance	2017-12-31	37,818
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	36,804
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	9,653
Additional cash requirement	2017-12-31	27,151
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	27,151
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	734,699
Acturial value of plan assets	2016-12-31	734,699
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	0
Fundng target for terminated vested participants	2016-12-31	0
Active participant vested funding target	2016-12-31	717,124
Number of active participants	2016-12-31	9
Total funding liabilities for active participants	2016-12-31	719,269
Total participant count	2016-12-31	9
Total funding target for all participants	2016-12-31	719,269
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	2,829
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	2,829
Present value of excess contributions	2016-12-31	1,018
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	1,083
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	1,083
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	3,938
Total employer contributions	2016-12-31	40,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	35,101
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	37,854
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	26,362
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	26,362
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	35,101
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
2008: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2008 401k membership
Total participants, beginning-of-year	2008-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2008-01-01	5
Number of retired or separated participants receiving benefits	2008-01-01	0
Number of other retired or separated participants entitled to future benefits	2008-01-01	0
Total of all active and inactive participants	2008-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2008-01-01	0
Total participants	2008-01-01	5
Number of participants with account balances	2008-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2008-01-01	0

Financial Data on OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN

Measure	Date	Value
2008 : OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2008 401k financial data
Total plan liabilities at end of year	2008-12-31	$0
Total plan liabilities at beginning of year	2008-12-31	$0
Total income from all sources	2008-12-31	$99,956
Expenses. Total of all expenses incurred	2008-12-31	$0
Benefits paid (including direct rollovers)	2008-12-31	$0
Total plan assets at end of year	2008-12-31	$99,956
Total plan assets at beginning of year	2008-12-31	$0
Total contributions received or receivable from participants	2008-12-31	$0
Expenses. Other expenses not covered elsewhere	2008-12-31	$0
Contributions received from other sources (not participants or employers)	2008-12-31	$0
Other income received	2008-12-31	$0
Noncash contributions received	2008-12-31	$0
Net income (gross income less expenses)	2008-12-31	$99,956
Net plan assets at end of year (total assets less liabilities)	2008-12-31	$99,956
Net plan assets at beginning of year (total assets less liabilities)	2008-12-31	$0
Total contributions received or receivable from employer(s)	2008-12-31	$99,956
Value of certain deemed distributions of participant loans	2008-12-31	$0
Value of corrective distributions	2008-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2008-12-31	$0

Form 5500 Responses for OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN

2008: OWENS LEASING, INC. DEFINED BENEFIT PENSION PLAN 2008 form 5500 responses
2008-01-01	Type of plan entity	Single employer plan
2008-01-01	First time form 5500 has been submitted	Yes
2008-01-01	Submission has been amended	No
2008-01-01	This submission is the final filing	No
2008-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-01-01	Plan is a collectively bargained plan	No
2008-01-01	Plan funding arrangement – Trust	Yes
2008-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	OWENS LEASING, INC.
Employer identification number (EIN):	760317633
NAIC Classification:	484120
NAIC Description:	General Freight Trucking, Long-Distance

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	1990-09-13
Company Identification Number:	0116595500
Legal Registered Office Address:	2171 APACHE XING LEAGUE CITY United States of America (USA) 77573

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01	PHIL TISUE	2019-05-10
001	2018-01-01
001	2017-01-01
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2014-01-01	WINNIE PHUNG	2015-10-15
001	2013-01-01	UYEN PHUNG	2014-09-24
001	2012-01-01	CHARLES R. OWENS	2013-09-20
001	2011-01-01	CHARLES R. OWENS	2012-09-05
001	2010-01-01	CHARLES R. OWENS	2011-07-01
001	2008-01-01	KARLA ARTHUR