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5 STAR TESTING, INC. CASH BALANCE PLAN 401k Plan overview

Plan Name5 STAR TESTING, INC. CASH BALANCE PLAN
Plan identification number 002

5 STAR TESTING, INC. CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • 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).
  • 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).
  • 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

5 STAR TESTING, INC. has sponsored the creation of one or more 401k plans.

Company Name:5 STAR TESTING, INC.
Employer identification number (EIN):911493615
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about 5 STAR TESTING, INC.

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 1990-09-05
Company Identification Number: 601270520
Legal Registered Office Address: 300 DESCHUTES WAY SW STE 208 MC-CSC1

TUMWATER
United States of America (USA)
98501

More information about 5 STAR TESTING, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 5 STAR TESTING, INC. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-01-01MITCH CALVI2021-02-08
0022019-01-01MITCH CALVI2020-05-11
0022018-01-01MITCH CALVI2019-09-17
0022017-01-01MITCH CALVI2018-08-14
0022016-01-01MITCH CALVI2017-07-20
0022015-01-01MITCH CALVI2016-08-10
0022014-01-01MITCH CALVI2015-07-20
0022013-01-01MITCH CALVI2014-07-31
0022012-01-01MITCHELL CALVI2013-07-26

Plan Statistics for 5 STAR TESTING, INC. CASH BALANCE PLAN

401k plan membership statisitcs for 5 STAR TESTING, INC. CASH BALANCE PLAN

Measure Date Value
2019: 5 STAR TESTING, INC. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-312,262,662
Acturial value of plan assets2019-12-312,262,662
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-315
Fundng target for terminated vested participants2019-12-3120,930
Active participant vested funding target2019-12-312,311,989
Number of active participants2019-12-3126
Total funding liabilities for active participants2019-12-312,311,989
Total participant count2019-12-3131
Total funding target for all participants2019-12-312,332,919
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-31194,448
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31205,337
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-31744,109
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31715,370
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31298,894
Net shortfall amortization installment of oustanding balance2019-12-3170,257
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31310,310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31310,310
Contributions allocatedtoward minimum required contributions for current year2019-12-31715,370
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: 5 STAR TESTING, INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-312,063,989
Acturial value of plan assets2018-12-312,063,989
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-311
Fundng target for terminated vested participants2018-12-31784
Active participant vested funding target2018-12-311,842,013
Number of active participants2018-12-3127
Total funding liabilities for active participants2018-12-311,842,013
Total participant count2018-12-3128
Total funding target for all participants2018-12-311,842,797
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-31207,996
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31220,039
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-31278,836
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31257,537
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31284,281
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3163,089
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-3163,089
Contributions allocatedtoward minimum required contributions for current year2018-12-31257,537
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: 5 STAR TESTING, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-311,669,675
Acturial value of plan assets2017-12-311,669,675
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-313
Fundng target for terminated vested participants2017-12-318,820
Active participant vested funding target2017-12-311,447,319
Number of active participants2017-12-3126
Total funding liabilities for active participants2017-12-311,447,319
Total participant count2017-12-3129
Total funding target for all participants2017-12-311,456,139
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-31249,057
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31263,926
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31290,362
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31265,846
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31271,386
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3157,850
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-3157,850
Contributions allocatedtoward minimum required contributions for current year2017-12-31265,846
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: 5 STAR TESTING, INC. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-311,278,019
Acturial value of plan assets2016-12-311,278,019
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-312
Fundng target for terminated vested participants2016-12-314,221
Active participant vested funding target2016-12-311,087,550
Number of active participants2016-12-3127
Total funding liabilities for active participants2016-12-311,087,550
Total participant count2016-12-3129
Total funding target for all participants2016-12-311,091,771
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-31241,922
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31256,824
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31362,571
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31333,042
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31270,233
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3183,985
Additional cash requirement2016-12-3183,985
Contributions allocatedtoward minimum required contributions for current year2016-12-31333,042
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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