QB JV HOLDINGS, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MAJOR LEAGUE BASEBALL PENSION PLAN FOR NON-UNIFORMED PERSONNEL
401k plan membership statisitcs for MAJOR LEAGUE BASEBALL PENSION PLAN FOR NON-UNIFORMED PERSONNEL
Measure | Date | Value |
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2022: MAJOR LEAGUE BASEBALL PENSION PLAN FOR NON-UNIFORMED PERSONNEL 2022 401k membership |
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Market value of plan assets | 2022-12-31 | 82,476,433 |
Acturial value of plan assets | 2022-12-31 | 79,869,037 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 22,018,590 |
Number of terminated vested participants | 2022-12-31 | 348 |
Fundng target for terminated vested participants | 2022-12-31 | 26,381,163 |
Active participant vested funding target | 2022-12-31 | 17,519,520 |
Number of active participants | 2022-12-31 | 138 |
Total funding liabilities for active participants | 2022-12-31 | 17,659,489 |
Total participant count | 2022-12-31 | 689 |
Total funding target for all participants | 2022-12-31 | 66,059,242 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 6,847,465 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
Amount remaining of carryover balance | 2022-12-31 | 0 |
Amount remaining of prefunding balance | 2022-12-31 | 6,847,465 |
Present value of excess contributions | 2022-12-31 | 4,317,275 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 4,566,382 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 7,363,079 |
Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
Balance of prefunding at beginning of current year | 2022-12-31 | 0 |
Total employer contributions | 2022-12-31 | 3,500,000 |
Total employee contributions | 2022-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 3,189,907 |
Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 2,146,243 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
Waiver amortization installment | 2022-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Additional cash requirement | 2022-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 3,189,907 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
Total participants, beginning-of-year | 2022-01-01 | 689 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 117 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 177 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 349 |
Total of all active and inactive participants | 2022-01-01 | 643 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 39 |
Total participants | 2022-01-01 | 682 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: MAJOR LEAGUE BASEBALL PENSION PLAN FOR NON-UNIFORMED PERSONNEL 2021 401k membership |
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Market value of plan assets | 2021-12-31 | 75,088,401 |
Acturial value of plan assets | 2021-12-31 | 69,040,767 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 17,764,523 |
Number of terminated vested participants | 2021-12-31 | 345 |
Fundng target for terminated vested participants | 2021-12-31 | 24,205,756 |
Active participant vested funding target | 2021-12-31 | 17,854,310 |
Number of active participants | 2021-12-31 | 156 |
Total funding liabilities for active participants | 2021-12-31 | 18,019,423 |
Total participant count | 2021-12-31 | 689 |
Total funding target for all participants | 2021-12-31 | 59,989,702 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 4,944,183 |
Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 2,925,900 |
Amount remaining of prefunding balance | 2021-12-31 | 2,018,283 |
Present value of excess contributions | 2021-12-31 | 7,420,569 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 8,149,484 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 4,500,000 |
Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
Balance of prefunding at beginning of current year | 2021-12-31 | 6,847,465 |
Total employer contributions | 2021-12-31 | 4,750,000 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 4,317,275 |
Liquidity shortfalls end of Q1 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2021-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 1,996,115 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 4,317,275 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
Total participants, beginning-of-year | 2021-01-01 | 689 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 138 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 168 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 345 |
Total of all active and inactive participants | 2021-01-01 | 651 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 38 |
Total participants | 2021-01-01 | 689 |
Measure | Date | Value |
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2022 : MAJOR LEAGUE BASEBALL PENSION PLAN FOR NON-UNIFORMED PERSONNEL 2022 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-533,490 |
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-533,490 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $3,002 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $8,089 |
Total income from all sources (including contributions) | 2022-12-31 | $-11,163,562 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $2,892,464 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,240,996 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $3,500,000 |
Value of total assets at end of year | 2022-12-31 | $68,600,712 |
Value of total assets at beginning of year | 2022-12-31 | $82,661,825 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $651,468 |
Total interest from all sources | 2022-12-31 | $918,475 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $895,557 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $895,557 |
Administrative expenses professional fees incurred | 2022-12-31 | $64,839 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $888,037 |
Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $131,430 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $0 |
Other income not declared elsewhere | 2022-12-31 | $59,920 |
Administrative expenses (other) incurred | 2022-12-31 | $482,851 |
Liabilities. Value of operating payables at end of year | 2022-12-31 | $3,002 |
Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $8,089 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-14,056,026 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $68,597,710 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $82,653,736 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Assets. partnership/joint venture interests at end of year | 2022-12-31 | $13,796,745 |
Assets. partnership/joint venture interests at beginning of year | 2022-12-31 | $11,390,138 |
Investment advisory and management fees | 2022-12-31 | $103,778 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $32,930,291 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $50,217,064 |
Income. Interest from US Government securities | 2022-12-31 | $417,787 |
Income. Interest from corporate debt instruments | 2022-12-31 | $476,916 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1,977,117 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $-1,772,334 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $-1,772,334 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $23,772 |
Asset value of US Government securities at end of year | 2022-12-31 | $7,390,109 |
Asset value of US Government securities at beginning of year | 2022-12-31 | $9,679,580 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-16,004,024 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $3,500,000 |
Employer contributions (assets) at end of year | 2022-12-31 | $3,500,000 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $4,750,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,240,996 |
Asset. Corporate debt instrument debt (other) at end of year | 2022-12-31 | $7,986,983 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2022-12-31 | $8,397,377 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | GRANT THORNTON LLP |
Accountancy firm EIN | 2022-12-31 | 366055558 |
2021 : MAJOR LEAGUE BASEBALL PENSION PLAN FOR NON-UNIFORMED PERSONNEL 2021 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $8,089 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $9,419 |
Total income from all sources (including contributions) | 2021-12-31 | $10,018,820 |
Total of all expenses incurred | 2021-12-31 | $2,764,609 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $2,069,493 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $4,750,000 |
Value of total assets at end of year | 2021-12-31 | $82,661,825 |
Value of total assets at beginning of year | 2021-12-31 | $75,408,944 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $695,116 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $89,550 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers | 2021-12-31 | 0 |
Minimum employer required contribution for this plan year | 2021-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Other income not declared elsewhere | 2021-12-31 | $5,268,820 |
Administrative expenses (other) incurred | 2021-12-31 | $466,510 |
Liabilities. Value of operating payables at end of year | 2021-12-31 | $8,089 |
Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $9,419 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $7,254,211 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $82,653,736 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $75,399,525 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Assets. partnership/joint venture interests at end of year | 2021-12-31 | $11,390,138 |
Assets. partnership/joint venture interests at beginning of year | 2021-12-31 | $9,687,743 |
Investment advisory and management fees | 2021-12-31 | $139,021 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $50,217,064 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $43,822,569 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $-1,772,334 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $-460,865 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $-460,865 |
Asset value of US Government securities at end of year | 2021-12-31 | $9,679,580 |
Asset value of US Government securities at beginning of year | 2021-12-31 | $7,193,040 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $4,750,000 |
Employer contributions (assets) at end of year | 2021-12-31 | $4,750,000 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $8,500,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $2,069,493 |
Asset. Corporate debt instrument debt (other) at end of year | 2021-12-31 | $8,397,377 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2021-12-31 | $6,666,457 |
Contract administrator fees | 2021-12-31 | $35 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | MITCHELL & TITUS, LLP |
Accountancy firm EIN | 2021-12-31 | 132781641 |